Stories this photo appears in:

Tease photo

Senate Approves Deal Reducing Student Loans

Rates Had Doubled When Congress Failed to Act

After Congress failed earlier this month to reach a deal on a spending plan, the Senate on July 24 finally approved a bipartisan deal that would tie interest rates for college student loans to the financial markets, a move that the Capitol Hill consensus believes will resolve once and for all the dispute that caused the rates to double on July 1.

Sign Up for Our Email Edition

Social Media