Congressional leaders were unable to come to a conclusion on how to deal with federal student loan interest rates. July 1st was the deadline, but that interest rate will double from 3.4 percent to 6.8 percent. Student loan debt rises every minute and it has reached a total of $1 trillion. Higher interest rates can accelerate the issue.
The infographic below, provided by OnlineColleges.com, outlines the pressing issue of student loan debt in the United States.

