Fast-food employees across the county are walking off the job this week to protest their lousy pay, though it doesn’t seem likely their demands for more money will be met. Which makes sense: Fast-food chains have many more important priorities than paying employees a living wage.
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.