On July 1, the interest rates on student loans subsidized by Uncle Sam will double to 6.8%.
President Obama will use his bully pulpit to urge lawmakers to prevent a doubling of interest rates on federally subsidized student loans.
With little more than three months until the interest rates on federally subsidized student loans double, students are pushing lawmakers to help them out.
Attention college students: The interest rate on federal student loans is scheduled to double this summer unless Congress acts soon.
Thousands of college students may soon feel a financial pinch and another 100,000 may not be able to complete degrees after Congress pushed ahead with changes to federal student aid, education experts said.
Figuring out how much college is going to cost you is about to get much easier.
Some students will start owing more on their loans while they're in school under a last-minute debt ceiling deal to keep the country out of default and reduce deficits by at least $2.1 trillion over a decade.
The last-minute debt ceiling deal Congress is racing to enact would reduce deficits by at least $2.1 trillion over 10 years.
College students heading back to school in the next few weeks could get caught in financial limbo if Congress doesn't make a deal to keep United States from defaulting on its debt.
Sen. Tom Harkin criticized the business goals of for-profit schools at a hearing on the student loan industry Tuesday.
In order to receive federal funding for education programs, for-profit colleges now need to prove that their graduates are actually getting jobs.
President Barack Obama said Friday that another two-week extension of government funding to avert a shutdown was likely, but he called further short-term extensions "irresponsible."
It takes a lot of guts to go up to Capitol Hill in the current budget-cutting climate and ask for more money, yet that's what Education Secretary Arne Duncan did at his appearance at the Senate Budget Committee on Tuesday.
It doesn't come as a shock that Republicans aren't thrilled with President Obama's budget proposal. But Democrats aren't exactly jumping for joy either.
President Obama's 2012 budget proposal for education is one of the few areas that actually show a significant increase -- to the tune of $4.5 billion, compared with the proposal for 2011.
President Obama's budget for 2012 takes a sharp knife to government spending, with proposed cuts that will reduce deficits by hundreds of billions of dollars over 10 years.
President Obama's budget Monday will propose cutting $100 billion dollars from the Pell grant program and other higher education programs, but use those savings to ensure that eligible students would be able to receive the current maximum award of $5,500 per school year.
Secretary of Homeland Security Janet Napolitano joins lawmakers to urge Congress to pass the DREAM Act.
A hotly debated measure that offers a path to citizenship for illegal immigrants who came to the United States as children won approval Wednesday from the U.S. House.
While heading to a private college is still more expensive than going to a state school, the price gap is narrowing: Tuition and fees are climbing at a faster pace at public schools than their private brethren.
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