ANIMAL HOUSE OF REPRESENTATIVES DEPT.
Today, the interest rate for subsidized Stafford college loans doubled from 3.4% to 6.8%, all due to (ready for it?) an inability by DC legislators to simply extend the current lower rate. The increase will add hundreds or thousands more dollars to the already crippling costs of higher education for many lower and moderate income families. It’s so chilling, this classic dorm poster may need to be updated.