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Students feel pinch of rate increases

WAUKESHA - Leanne Suhfras, 19, predicted shed be taking out student loans to attend Gordon College, a small, private Christian college near Boston.

But what the Waukesha North High School graduate couldnt forecast was a sharp increase in her loan interest rates.

As of July 1, interest rates increased on Stafford loans and parent PLUS loans, the most common type of students loans.

The interest on old Stafford loans increased from 5.13 percent to 7.14 percent and to 6.8 percent on new student loans, according to a June report issued by the Campaign for Americas Future, a political action group.

Lawrence Silver can be reached at lsilver@conleynet.com

For full story, go to the electronic version of The Freeman.
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WASHINGTON: Scholarships going begging

The number medical students accepting Army and Navy scholarships has fallen sharply over the last two years, in part because of the war in Iraq as depicted in daily news reports, say service medical leaders.

A scholarship program the Army surgeon general calls "our lifeblood, over time, for recruiting physicians," is failing to attract enough qualified applicants by wide margins, except in the Air Force.

Difficulty recruiting the next generation of Army and Navy physicians and dentists has spurred the Senate to approve new authorities to boost medical bonuses and stipends.

The increases, which potentially involve millions of additional dollars for medical personnel, are before a House-Senate conference committee and could win the full support of Congress by fall.

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