#DontDoubleMyRate - College Tuition Rates

Use above image as Facebook cover

 from me

"Attending college is one thing. Dealing with the bills after graduation is another story. If we don't tell Congress to keep the current rates they will double on July 1. If the rates double it will be more difficult to pay college loans over time meaning less money in your pocket. It will also take you longer to pay the loans since interest keeps adding up.

The psychological constraints would be easier on students knowing they'll have to pay half the rates if we act now. The savings can pave way for continuing education beyond an Associates or Bachelor's degree or other needs that may apply."

Use above image as Facebook cover

  
from the White House: http://www.whitehouse.gov/dont-double-my-rates

Taking out Stafford Loans to help pay for college?
You could owe an extra $1,000 unless Congress takes action soon.

Interest rates on new subsidized loans are scheduled to double on July 1 and more than 7 million students around the country will rack up an average of $1,000 of extra debt each. Congress has the power to stop that from happening. Unfortunately, so far, Republicans in Congress have voted to let those rates go ahead and double in order to pay for tax cuts for millionaires and billionaires.

President Obama knows that’s not acceptable. Today, higher education isn’t a luxury – it’s a necessity that every American family should be able to afford. But it’s also getting more and more expensive.


For the first time ever, Americans owe more in student loans than in credit card debt. That’s why the President is calling on Congress to keep interest rates low so that every hardworking student gets a fair shot at the skills and training needed to get a good job in today's economy.

Use above image as Facebook cover

Learn more about interest rates for subsidized student loans.

Raise your voice and reach out to your networks if you agree that student loan rates should not double on July 1.

• Twitter: Use the hashtag #DontDoubleMyRate
• Facebook: Update your status and profile image
• Google+: Use the hashtag #DontDoubleMyRate

How will keeping interest rates low affect students in your state?

See how many students who go to school in your state would be affected by higher interest rates, and how much they will save over the life of their loan if Congress stops rates from doubling.