17063 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Are watching to see how the issue would be resolved. interest rate would have doubled to 6.8%. costing average student $1,000 more in next 12. the senate republican leader took a swipe at the president who is glad to have a deal. >> the agreement we reached will ensure the college students were already facing enormous challenges in the obama economy. won't be paying higher interest rates. >> the overall outstanding student loan balance public and private is $904 billion. the average federal student loan debt for a graduating senior for four year undergraduate program is according to the depart...

Distressing chart there. good to have you here. make sure that you catch liz on the fox business network. countdown to the closing bell, heirs at 3:00pm eastern time. then you can tune in for after the bell after it closes. we do after the bell at 4:00. liz coanchors with david asman, they bring you the breaking business news and explain what it all means for the bottom line and the market as they look ahead. bill: it's cool how it works that way. thank you. new concerns about the impact to keep student loan interest rates from doubling this year. some say it could add to the ballooning federa...

This year. >> taking a look at the overall outstanding student loan balance, public plus private is $904 billion. breaking it down, the average federal student loan debt for a graduating senior from a four year undergraduate program is, according to the department of education, $17,063 per borrower. at the bill signing on friday, president obama called addressing the loan interest rate vital for millions of students. >> higher education, the surest path to finding a good job and earning a good salary and making it into the middle class. so it can't be a luxury preserved for a few privileged. >...