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Thursday, August 22, 2013
The University Daily Kansan
Arsalan Iftikhar
"The Role of Islam in Post 9/11 America International human-rights lawyer, author, and founder of The MuslimGuy.com
At Woodruff Auditorium, Kansas Union
2013
Jill Lepore
Unseen—The History of Privacy David Woods Kemper '41 Professor of American History Harvard University
At Woodruff Auditorium, Kansas Union
Attended the SUL Foundation of Kansas City
NOV
Junot Díaz
2013
Art Evening with Junot Diaz; Literature, Diaspora, and Immigration" Pulitzer Prize-winning author, The Brief Wondrous Life of Oscar Wao (2007)
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Anne D. Hedeman
"Imagining the Past: Interplay between Literary & Visual Imagery in Late Medieval France"
Judith Harris Murphy Distinguished Professor of Art History, University of Kan- Center Pavilion Supported by the Friends of the Hall Center
Att the Lied Center Pavilion - Supported by the Friends of the Hall Center
Peter Brown
"Through the Eye of a Needle: Wealth. the Fall of Rome, & the Making of Christianity in the West, 350-500 AD"
White & Riley Pollinier of History, Princeton University
At the Lied Center Pavilion
Philip & Bejah Rollins Professor Emeritus of History, Princeton University
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Jeffrey Toobin
"The Supreme Court in the Age of Obama"
Senior legal analyst for CNN, lawyer, and author
At Woodruff Auditorium, Kansas Union
At Woodruff Auditorium, Kansas Union
785-864-4798 hallcenter.ku.edu
All events begin at 7:30 p.m
UNIVERSITY
Bill lowers loan rates, raises concerns for future
KATIE MCBRIDE
kmcbride@kansan.com
Students with loans for the 2013- 2014 school year can let out a sigh of relief following the passage of a new bill for student loan rates. However, students may have more to worry about it in the future.
The Bipartisan Student Loan Certainty Act lowers the interest rates on student loans for the 2013-2014 school year. The bill allows for undergraduates to borrow money at a 3.9 percent interest rate. Graduate students can borrow at 5.4 percent interest and parents can borrow at 6.4 percent. The bill only affects Stafford loans, not loans from private lenders. All rates will remain fixed for the life of the loan.
This legislation connects interest rates to the financial markets. As the economy strengthens, rates may climb for students in the future. A
cap on the rates has been set, but students may pay higher rates next year than students taking loans out this academic year.
Some students view the bill as an obstacle for future students working toward earning their college degree.
"It's going to drive students out of college because they're just not going to be able to afford it anymore," said Greg Walter, a recent graduate from Long Grove, Ill.
Zech Harjo, a senior from Norman, Okla., agreed with Walter concerning the challenges future students may now face.
"It doesn't make sense to make it more difficult for them to get their degree," Hargo said.
The bill passed the Senate on July 24 and the House of Representatives on July 31. President Obama signed it into law on Aug. 9.
Edited by Tara Bryant
For the 2013-2014 school year, Stafford loan interest rates will be:
- 3.9 percent for undergraduate students
- 5.4 percent for graduate students
- 6.4 percent for parents
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