As college students, we all know the importance that financial aid has, and we've hopefully been made aware of the potential doubling of our rates on Stafford loans if Congress does not act quickly.
This article makes claims that although the Obama, the incumbent for the Dems. and Romney, the front-runner and soon to be Rep. candidate both agree to keep the current interest rate at 3.4%, in the house and the senate, compromise isn't quite being met.
She notes that our own Representative Keith Ellison opposed withdrawing from Public Health budgets (the republican's suggested plan), but Senator Al Franken has taken measures toward compromise.
This argument is a strong one as it speaks to college students all around the nation who depend heavily on these loans. The context is simple: with the economy still in bad condition, and with the job market the same, college students are undoubtedly in an unprepared state to pay double the interest rates on loans that are putting them through school.