because if this economy, having an affordable education is so crucial for so many young americans. and if congress doesn't act by this july, it will become more expensive to get a college education. >> and on july 1st, the rate basically doubles for some people, from 3 point something to 6 point something. >> it goes from 3.4 to 6.8%. and this is for students who qualify for subsidized stafford loans through the federal government. so these are students with need-based concerns, who are from lower income families and are trying to go to college, yes. >> and that is right out of financial margin that it can make a difference. when you have thousand-dollar differences in price tags at that economic level, it can be absolutely prohibitive. >> yes. this policy difference makes about a thousand dollars a year difference to those students and their families, and they found that for the average of the students who qualify for these types of loans, that's about 20%. a lot of them are going to state