Weekly Wrap Up: Don’t Double My Rate
Here's a quick glimpse at what happened this week on WhiteHouse.gov:
G-20 Summit: Earlier this week, the President attended the G-20 Summit in Los Cabos, Mexico. There, he and other world leaders met to discuss the world's economy and how best to promote growth, and a large focus of the conference was spent on the Euro Zone economic crisis. Outside the official sessions of the Summit, the President also met in bilateral meetings with world meetings, including President Putin of Russia.
Down to the Wire: Unless Congress takes action before July 1, interest rates on federal student loans are set to double. This will mean an additional $1,000 of student loan debt for more than 7 million students, which is why the President has called on Congress once again to step up in favor of America's young people and the economy overall. The President also asked Americans to help urge Congress to act, asking people to use the hashtag #DontDoubleMyRate to show their support.