By:
CANDICE CHOI
01/25/12 11:50 AM
President Barack Obama's State of the Union speech Tuesday night may be causing anxiety for families with college-bound students. In addressing the rapidly rising cost of higher education, Obama noted that the fixed interest rates on student loans are set to double in July if Congress fails to act.
Here's what's behind the change referenced by Obama:
THE BASICS
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By:
The Associated Press
01/24/12 7:15 PM
President Barack Obama is proposing to keep college affordable by yanking federal aid from colleges that don't keep tuition down and provide good value.
Obama also called on Congress Tuesday to keep interest rates down on subsidized federal student loans. And he wants to make more work-study jobs available for students who are paying their own tuition.
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By:
The Associated Press
01/24/12 7:14 PM
Text of President Barack Obama's State of the Union address, as provided by the White House:
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Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests and fellow Americans:
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URL: http://www.sfexaminer.com/taxonomy/term/17122
