Student Loan Act Could Mean Higher Federal Profits The Bipartisan Student Loan Certainty Act of 2013, which President Barack Obama officially signed Aug. 9, is touted mostly as a retroactive fix for the July 1 doubling of the interest rates on subsidized federal direct loans. But the truth is that Congress has simply kicked the can down the road.
Aug. 14, 2013 - U.S.News & World Report LP via Yahoo! News