Elections | Education

Congress Sends Student Loan Bill To Obama

NPR | Aug. 2, 2013 3:01 p.m.

Contributed By:

Ailsa Chang

With an easy House vote, Congress gave final passage to a student loan bill that rescinds the doubling of interest rates that took place July 1. The ultimate product resembles both a House bill that passed months ago and President Obama’s proposal this spring and pegs interest rates to a government borrowing rate.

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