student loan ual
As reported here recently, the eye rate on new federally subsidized school loans is scheduled to double in less than a week. The new 6.8 percent interest will jump from the current 3.4 % fixed price, which borrowers see as a serious difference. To address the questions which were mounting since new rate was announced. President Obama will answer student loan borrowers questions via text on Monday, July 1, 2013.
Do you've got question about education loans for President Obama? If you do now could be out, so seize the chance. Here's what you must do: Text PREZ to 38383 and submit your question. Every day immediately, President Obama will select one question to respond to and text back his reply.
President Obama has repeatedly shown that he is devoted to keeping education access an actuality for all those Americans. He has made investments in college affordability over his years in office, including expanding Pell grants and establishing a tax credit around $10,000 to aid families while they cover college costs.
Unless Congress acts soon the elevated interest levels on new subsidized school loans will need effect July 1. These higher rates will negatively affect millions of students who depend on loans to invest in their education. The higher loan rates will cause hardships for students because they attempt to begin their careers or buy homes.
Find out more about President Obama's intends to prevent student loan rates from doubling in July by sending him a message. You can also learn more on DoSomething.org, a company for young adults -- 25 and under -- and social change within the U.S. DoSomething can be fielding questions from young adults worried about increased student loan rates and college affordability generally speaking.
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student loan ual
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