Congress revisits fight over student loans

Congress this week will revisit the debate over how to prevent interest rates on student loans from skyrocketing this summer, an issue that President Obama has been using for weeks to attack Republicans and rally college-age voters to his re-election campaign.

As recently as Friday, Obama was telling Virginia high school students to tweet, call and email their U.S. senators and urge them to pass a Democratic bill that would prevent Stafford loan interest rates from doubling on July 1. If the rate jumps, he warned, students will pay an average of $1,000 more a year.