    • JOBS   • CARS  Letters to the editor: July 3  5:50 PM,
Jul. 2, 2013  |  Comments   • Filed Under  Students shouldn't be
left with so much debt  It is a travesty of epic proportion that
U.S. Rep. Todd Rokita is telling students that he has "good news
for them" in regard to student loans, when in fact the news is
horrendous.  Not only are they going to begin paying twice the
interest rate of the current student loan rate (from 3.4 percent
to 6.8 percent), you also will be allowing the rates to go up to
8.5 percent on Stafford loans and 10.5 percent on PLUS loans,
all based on "market" rates. It will not be long before those
rates reach those limits, as we know how "markets" get into
"bubbles" and such.  It is simply not fair to the new students
this year when for the past six years (under Democratic-
initiated legislation) other students were given a substantially
reduced rate. Do you know that these children are facing
payments of $250 and more a month soon after finishing college?
We should be charging f