Conn.'s Courtney to highlight student loan bill

HARTFORD, Conn. (AP) — Connecticut U.S. Rep. Joe Courtney is highlighting legislation he has proposed in Congress to prevent interest rates on need-based student loans from doubling next month.

The current fixed interest rate on Stafford loans is nearly 3.4 percent. It is set to double to 6.8 percent on July 1. Courtney, a Democrat, is scheduled to appear Monday at the Legislative Office Building in Hartford to discuss his proposal to lock in the lower rate for two years.

Courtney said that would give the Congress time to come up with a long-term solution.

The 2nd District congressman is scheduled to appear at Monday's event with Eastern Connecticut State University President Elsa Nunez, advocates and college students.

Copyright 2014 AP Modified. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Connecticut (change)

Connecticut has 169 cities and towns, which serve as the fundamental local political subdivision of the state. Connecticut is the 5th of the original thirteen United States.
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Governor: Dan Malloy
Lieutenant Governor: Nancy Wyman
Attorney General: George Jepsen
State Treasurer: Denise L. Nappier

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