Showdown time again in Congress on student loans, highways
WASHINGTON (MCT) — Congress often waits until the last possible minute to make tough decisions, and that moment arrives this week for two crucial issues that have become political pawns.
Action is needed by Saturday to prevent student loan interest rates from doubling for 7 million college undergraduates. If nothing is done, students’ payments would increase by $1,000 a year, on average. Also by week’s end, Congress must reach agreement on the federal highway program, or the money stops.
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