Among the many unresolved issues in Congress, the student loan matter looms large. If Democrats and Republicans don’t find a pay-for, student loan interest rates will double to 6.8 percent on July 1, hitting hard a group of people already staggering under loan burdens.
To be sure, artificially keeping rates low is not the best way to do things, but the larger set of problems is real.
Read more at AEI.