President Obama's fiscal 2013 budget proposal would double the
interest rate on federally backed student loans from 3.4 percent to 6.8
percent--eight months after the November presidential election.
The White House fiscal year 2013 plan calls for maintaining the
current 3.4 percent interest rate for federally guaranteed student
loans, but only through July 1, 2013, at which point it would
automatically increase to 6.8 percent. Neither the president’s plan nor
the Democrats’ legislation would extend the low rate beyond another
year.
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2 comments:
Obama looks us straight in the eye knowing exactly what he is doing and lies.
Obama is a fraud.
But yet 753PM...there are those out there who will vote for him without hesitation. And they are the ones who are totally clueless and think the ones who don't like Obama are racists. Especially those in California who love him.........geesh!
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