in_the_media
Debt deal will impact graduate students
Posted Aug 7, 2011
Media Outlet:
KYW News Radio
The deal on raising the debt limit means the country has enough money to pay its bills. But it could mean that some college students will need more to pay theirs. "Most of the professional students — law and medical — and a lot of our graduate students were able to get subsidized loans for a portion of the amount they were borrowing," said John Morris, director of Student Financial Services at Temple. This will change next year when the interest on federal student loans will begin to accrue while students are still in school instead of after graduation, he said.