• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • college cost

    Student Loan "Deal" Ensures That College Costs Will Continue to Rise

    Last Friday, the President signed into law the student loan “compromise,” promising it would help rein in college costs. The bill pegs interest rates on federal student loans to Washington’s cost of borrowing (the Treasury rate) plus 2.05 percent and caps interest rates at 8.25 percent. Congress says that this … More

    Student Loans: College Costs Will Continue to Rise

    Last week, the Senate passed a bill that would peg interest rates on federal student loans to Washington’s cost of borrowing (the Treasury rate) plus 2.05 percent. The bill also caps interest rates at 8.25 percent in the event they rise in the coming years. The House has praised the … More