Doubling the subsidized rate could also have discouraged students from seeking federal aid or pushed many toward cheaper public institutions or two-year community colleges, said Ronald Ehrenberg, director of the Cornell Higher Education Research Institute and a professor of labor relations and economics.

FORBES: Student Loan Rates To Remain Low, For Now

That year a new manager took over and instituted a tiered system of payment: If your household consumption was not more than 7.5 cubic meters per month (this would take care of water required for drinking, cooking and some hygienic needs of an average family of eight), you paid a subsidized rate, but if your monthly consumption was more, you paid a market rate.

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He reminded listeners that their pressure last year persuaded legislators to extend the current 3.4% rate on subsidized loans through June instead of letting it double in 2012.

CNN: Obama repeats strategy in student loan fight

In the fall of 2006 Mugorewase was able to sign up for the health plan at a reduced rate (subsidized by the Millennium Villages project) via the Webcam.

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Later Friday, Senate Majority Leader Harry Reid, D-Nevada, announced he planned for the chamber to vote next week on a Democratic measure to extend the current 3.4% rate for subsidized loans for two years, which would put off the matter until after the 2014 congressional elections.

CNN: Obama repeats strategy in student loan fight

Of the development's 718 units, 529 would be for very-low-income tenants, and the rest would be divided between working-class people subsidized by tax credits and market-rate rentals.

WSJ: A Texas-Size Housing Fight

Only students taking out new subsidized loans after July 1 would be affected, as those getting unsubsidized loans already pay the 6.8% rate.

CNN: Obama repeats strategy in student loan fight