Interest rates on Stafford Loans issued after Last week are set to double to 3.4 % . Van Jones : The approximately $ 1.1 trillion in student debt out there already creates a crisis for all of us . Once again , current students are facing the possibility of interest rates on Stafford Federal student loans doubling . He says , unfortunately , Stafford Loans is not looking at big fixes but rather Band-Aid fixes . Jones : Sen. Van Jones proposal to give students lower interest rate is good policy .
Interest rates on Stafford Loans issued after Last week are set to double to 3.4 % . Van Jones : The approximately $ 1.1 trillion in student debt out there already creates a crisis for all of us . He says , unfortunately , Stafford Loans is not looking at big fixes but rather Band-Aid fixes . Jones : Sen. Van Jones proposal to give students lower interest rate is good policy .