{"id":7832,"date":"2006-07-03T09:39:41","date_gmt":"2006-07-03T13:39:41","guid":{"rendered":"http:\/\/www.thecarpetbaggerreport.com\/archives\/7832.html"},"modified":"2006-07-03T09:39:41","modified_gmt":"2006-07-03T13:39:41","slug":"a-bad-weekend-for-college-students","status":"publish","type":"post","link":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/a-bad-weekend-for-college-students\/","title":{"rendered":"A bad weekend for college students"},"content":{"rendered":"<p>You may have heard that recently-adopted policies are going to make it harder for [tag]students[\/tag] with [tag]college loans[\/tag]. Apparently, over the weekend, <a href=\"http:\/\/www.ourfuture.org\/press\/releases\/index.cfm?pressReleaseID=171\">it became official<\/a>.<\/p>\n<blockquote><p>Students across the nation will have to pay thousands more in college loans beginning Saturday, according to a series of reports released [Friday] by the research arm of the Campaign for America&#8217;s Future. College students and graduates will be pushed deeper into debt as [tag]interest rates[\/tag] on [tag]Stafford[\/tag] loans &#8212; the basic student loan &#8212; rise from 5.3 percent to 7.14 percent on old loans and to 6.8 percent on new loans at the end of this week.<\/p>\n<p>Parents that take out PLUS loans to help their children pay for an undergraduate education also face rising interest rates. This Saturday, rates on [tag]PLUS loans[\/tag] will increase from 6.1 percent to nearly 8 percent for existing loans and to 8.5 percent on new loans, costing the average parent nationally an extra $3,000 and $3,953 respectively.<\/p><\/blockquote>\n<p>It&#8217;s perfect timing, too, in light of the fact that [tag]tuition[\/tag] costs have increased 40% since [tag]Bush[\/tag] took office.<\/p>\n<p>No wonder the [tag]president[\/tag] has been <a href=\"http:\/\/www.thecarpetbaggerreport.com\/archives\/6907.html\">lying about student loans<\/a> for months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may have heard that recently-adopted policies are going to make it harder for [tag]students[\/tag] with [tag]college loans[\/tag]. Apparently, over the weekend, it became official. Students across the nation will have to pay thousands more in college loans beginning Saturday, according to a series of reports released [Friday] by the research arm of the Campaign [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[617],"tags":[],"class_list":["post-7832","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/7832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/comments?post=7832"}],"version-history":[{"count":0,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/posts\/7832\/revisions"}],"wp:attachment":[{"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/media?parent=7832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/categories?post=7832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stevebenen.com\/thecarpetbaggerreport\/wp-json\/wp\/v2\/tags?post=7832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}