WASHINGTON (AP/WMOT) — Senate Democrats are expected to introduce a bill this week that will keep interest rates from rising for millions of students with federal loans. Republicans are balking at a tax boost Democrats want to use to pay for it.
Senator Harry Reid unveiled the nearly $6 billion proposal yesterday after it was endorsed by both President Barack Obama and GOP presidential rival Mitt Romney.
WASHINGTON (AP/WMOT) — The White House says former Tennessee women's basketball coach Pat Summitt will receive the Presidential Medal of Freedom, the nation's highest civilian honor.
President Barack Obama says Summitt is an "inspiration" as the coach who has won more games than anyone else in NCAA college basketball history and for her willingness to "speak so openly and courageously about her battle with Alzheimer's."
WASHINGTON (AP) — The 46 institutions of higher learning governed by the Tennessee Board of Regents have nothing to fear from President Barack Obama’s latest education initiative, according to TBR Chancellor John Morgan.
The Associated Press says in a story released Monday that the Obama administration is concerned about rising student debt, which now averages over $25,000. The president is also reportedly concerned by the apparent disconnect between what students learn at the nation's universities and the skills employers say they're looking for.