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White House Continues Effort to Stop Student Interest Rate Increase

The White House

Office of the Press Secretary

Today, the President will travel to Washington-Lee High School in Arlington, Virginia, to speak with students and their parents about the need to prevent interest rates on federal subsidized student loans from doubling on July 1. While at the school, the President and Secretary Duncan will hold a roundtable discussion with a small group of seniors and their parents before the President delivers remarks to members of the junior and senior classes and many of their parents about the importance of their having a fair shot at an affordable higher education and the skills they need to find a good job. The roundtable is pooled press and the students and parents noted below will be participating in the discussion.

On Monday, the President will hold a conference call with elected officials and student government leaders from across the country to discuss the need to prevent rates from doubling on July 1.

On Thursday, Vice President Biden will address a group of students and representatives from higher education and youth organizations who are meeting at the White House.  His remarks will focus on the importance of keeping higher education affordable and accessible for more than 7 million students by preventing student loan interest rates from doubling on July 1st.

Members of the Cabinet and Senior Administration officials will be discussing the interest rate issue in events across the country next week: Secretary of Labor Hilda Solis will hold an event in Chicago, Illinois on Tuesday, in Columbus, Ohio on Wednesday, and in Phoenix, Arizona next Friday; Small Business Administrator Karen Mills will hold an event in Denver, Colorado on Tuesday; United States Trade Representative Ron Kirk will hold an event in Dallas, Texas on Thursday; and Senior Administration officials from the Departments of Education, Agriculture and Labor will hold events in Massachusetts, North Carolina, Colorado, Michigan, Minnesota and Texas throughout the week.

Today’s Roundtable Participants Include:

Amirah Delwin (High School Senior) Kezia Truesdale (Mom)
Amirah Delwin is a senior at Washington-Lee High School.  She will attend Old Dominion University in the fall and wants to major in

You can read the rest of this article at:: http://www.whitehouse.gov/the-press-office/2012/05/04/white-house-continues-effort-stop-student-interest-rate-increase

Short URL: http://thepresidency.us/?p=15570

RobertButler Posted by on May 4 2012. Filed under Barack Obama. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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