Page 13 - Student Loan Rates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNN CNN Newsroom June 30, 2013 22:35:00

thursday, then when markets reopen here in the u.s. on friday, we ll get that all-important monthly jobs report. we ll see how many jobs were added in june and we ll see if unemployment moved up or down from the current 7.6%. we ll track it all for you on cnn money. here is what we are watching this week. i ll bring all the best moments from the b.e.t. awards. the raw reaction to controversial anna nicole smith and the movie portraying her. showbiz tonight monday through thursday at 11:00 p.m. thank you very much. that whooshing sound is congress about to miss another deadline. this time it s going to hit college kids and parents helping pay their education. some student loan rates are about to skyrocket.

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CNN New Day Sunday June 30, 2013 10:52:00

against the neighborhood watch volunteer charged with shooting trayvon martin. of course, you can watch all live coverage right here on cnn and our sister network hln. also on monday, the student loan rates are set to double to 6.8%. and if you ask senate democrats, they say the hike would hit about 7 million new student loons. thursday, happy fourth of july. happy independence day. enjoy the holiday. have fun grilling. on saturday, the new england patriots are offering a free jersey swap for fans who bought the jersey of murder suspect aaron hernandez at their shop. so, all weekend on saturday or actually, saturday and sunday, fans can trade in their number 81 jerseys for any other patriot player. also on saturday, a big sports day, it s the women s final at wimbledon. serena williams is still the overwhelming favorite, but after early exits from top-ranked players like maria sharapova, there are big opportunities for the unknown players to contend as well. sunday, time for the me

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CNN CNN Newsroom June 30, 2013 22:40:00

6.8% would increase default rates. the students receiving the subsidized loans are from the lowest income brackets. reporter: while some law makers want to keep the rates at the lower 3.4% temporarily, others say student loan rates should be allowed to fluctuate. i think there will be some kind of adjustment. i don t know if they ll go to a variable rate loan. they may kick the can down the road and say we ll revisit it another year later. higher rates could be a revenue booster for government generating $36 billion this year when congress is scrambling for new sources of cash. it could cost students in more than $5,000 loan repayments. the president and mrs. obama just finished paying off their student loans. the fact they are 40 years old paying off student loan debts could be scary.

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CNN Your Money June 29, 2013 13:52:00

reporter: columbia junt rachel started out studying drama but skyrocketing tuition costs forced her to drop out. now at age 30 she s only just finished her undergraduate degree. we re asking too much of our college students, and we re narrowing the field of who can be a college student in the country. reporter: american college grads are more than $1 trillion in collective student loans. as tuition costs continue to soar, rising interest rates could soon be their next headache. interest rates for need-based or subsidized stafford loan were affixed at 3.4%. now that congress hasn t intervened, that rate is scheduled to double. i definitely think that doubling the rate to 6.8% would definitely increase default rates because, again, the students who are receiving the subsidized loans are from the lowest income brackets. reporter: while some lawmakers want to keep the rate at the lower 3.4% at least temporarily, others say student loan rates should be allowed to

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Detailed text transcripts for TV channel - FOXNEWS - 20130629:16:07:00

Detailed text transcripts for TV channel - FOXNEWS - 20130629:16:07:00
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