VOTE NEXT WEEK: A compromise deal on student loans was expected to come to a vote next week, well before students returning to campus this fall have to sign their loan agreements.
RATE CAP: The Senate deal pegs interest rates on new loans to the financial markets, but caps potential increases. The rates for this fall of 3.9 percent for undergraduates, 5.4 percent for graduate students and 6.4 percent for parents may climb as the economy improves, but won't go higher than 8.25 percent, 9.5 percent and 10.5 percent, respectively.
ROUND TWO: The deal is similar to a bill that passed the House earlier this year and is expected to win approval in the lower chamber. But the Senate may revisit the agreement this fall when the Higher Education Act is due for a rewrite.
Video: The shooting of Laquan McDonald
POTUS not calling for the Statue of Liberty to be torn down yet
How Not To Be A Gun Owner - Bearing Arms - Crime, Texas, Training, Warning Shots
- What Is Your U.S. Income Percentile Ranking?
Obamacare Architect: Okay Fine, Our Law Isn't Controlling Costs
Where Is Liberal Rage Over Mass Shooting In New Orleans? | RedState
Exposed: Obama’s Love for Jihadis and Hate for Christians | Human Events