Student Loan Rates to be Reduced

WASHINGTON — A bipartisan bill that would lower the cost of borrowing student loans and reverse a recent loan rate hike has gone to President Barack Obama for approval.

After the House overwhelming approved the bill in a 392-31 vote, students in the United States may soon receive lower interest rates for federal student loans.

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Obama Unveils ConnectED Initiative

MOORESVILLE, N.C. — President Barack Obama is calling for the Federal Communications Commission (FCC) to lead a campaign that would bring high-speed broadband Internet to 99 percent of K-12 schools by 2018.

Entitled the ConnectED initiative, the President unveiled his plan at Mooresville Middle School last week during his “Middle Class Jobs and Opportunity” tour.

“In a country where we expect free Wi-Fi with our coffee, why shouldn’t we have it in our schools,” Obama said.

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