The Hill News

White House press secretary Jay Carney swiped at Republicans on Friday, saying that they should prevent student loans rates from doubling in July.

"You really have to have a brick in your head not to understand that education is the cornerstone of our economic future," Carney said.

The White House spokesman spoke alongside Education Secretary Arne Duncan, who said that if Congress doesn't pass legislation in July, student loan rates will double from 3.4 percent to 6.8 percent.

Read more...