MU Students to Meet With Sen. Blunt to Discuss Student Loan Rates

7 years 10 months 1 week ago Friday, May 18 2012 May 18, 2012 Friday, May 18, 2012 4:18:00 AM CDT May 18, 2012 in News
By: KOMU Staff

COLUMBIA - MU students will meet with Senator Roy Blunt today to discuss the possibility of Stafford student loan rates doubling on July 1.

Stafford loans are federally subsidized loans given out by the U.S. Department of Education.

Right now the Senate is scheduled to double the interest rate from 3.4 percent to 6.8 percent on July 1.

More than 161,000 students in Missouri use the loans to help pay for college.

 

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