said before the recess.
White House spokesman Matt Lehrich said the Senate "will take action in the next few weeks to fix this problem. We are confident they will get there, and that the solution will include retroactive protection for students who borrow after July 1 so that their student loan rates don't double."

In assessing the best plan for establishing interest rates on subsidized Stafford loans, it's no surprise that lawmakers are split across party lines. As is the case on many important issues Congress is wrestling, partisan politics are at play.