Congressional Deadlock Could Mean Increase in College Costs - Beckley, Bluefield & Lewisburg News, Weather, Sports

Congressional Deadlock Could Mean Increase in Higher Education Costs

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WASHINGTON, D.C. -

The Senate has rejected two different bills which would keep student loan rates low.

If Congress doesn't pass a bill by July 1, then the interest rates on federal student loans will double. 

The Senate appears to be deadlocked in a partisan battle.  Lawmakers rejected dueling Democratic and Republican plans with votes coming mostly along party lines.