Friday, July 13, 2012

Forbes, June 30, 2012, Saturday

Forbes

June 30, 2012, Saturday

Forbes (full article)

Student Loan Rates To Remain Low, For Now

Doubling the subsidized rate could also have discouraged students from seeking federal aid or pushed many toward cheaper public institutions or two-year community colleges, said Ronald Ehrenberg, director of the Cornell Higher Education Research Institute and a professor of labor relations and economics. In the immediate future, Ehrenberg said maintaining low interest rates will help students leave school with lower debt, which will give them more freedom to consider occupations for reasons other than salaries.