school loans http://kuer.org en Congress Passes Student Loan Compromise http://kuer.org/post/congress-passes-student-loan-compromise <div><p></p></div><div><p>The U.S. House of Representatives overwhelmingly approved a Senate compromise today that shrinks student loan rates. Members of Utah’s congressional delegation say it was a good bipartisan deal.&nbsp;</p><p><span style="line-height: 1.5;">Earlier this month, rates on federally subsidized student loans doubled from 3.4 percent to 6.8 percent after Congress failed to reach a deal before a July </span>1st<span style="line-height: 1.5;"> deadline. In a retroactive move, the U.S. Senate agreed on a bill last week that would bring those rates back down.</span></p> Wed, 31 Jul 2013 23:34:56 +0000 Whittney Evans 33256 at http://kuer.org Congress Passes Student Loan Compromise