Interest rates on federally-subsidized student Stafford Loans are set to
double on July 1st, from 3.4 to 6.8 percent, unless Congress takes
action. Vermont’s congressional delegation is speaking out against
the planned rate increase.
Representative Peter Welch has been speaking out about what he says
is the necessity of keeping interest rates on Stafford Loans from doubling, and the greater issues of
student loan debt and college affordability.