The Tug of War Over Interest Rates: Don�t look now � but that nearly free ride may soon end.

The Tug of War Over Interest Rates: Don�t look now � but that nearly free ride may soon end.

The Higher Education Act is up for renewal. There are two major proposals - the first repeals the requirement that borrower must look to existing lenders to consolidate loans. The second may force borrowers into floating rate loans only - ending fixed rate loans just when rates are set to go up.