Student loan interest rates may double this year
Washington warns incoming college freshmen could face about $5,000 more on new subsidized loans if Congress does not halt a rate hike to 6.8 percent by July 1. The change affects new subsidized Stafford loans while existing subsidized debt and non subsidized loans remain mostly unchanged.
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Gunman accessed large weapons cache before Sandy Hook attack
Warrants reveal Adam Lanza left home with firearms and knives and more than 1,600 rounds. He drove to Sandy Hook Elementary School, fired 154 rounds in five minutes, killing 20 first graders and six educators before taking his own life with a Glock. Authorities note Nancy Lanza owned the weapons and kept a gun safe in Lanza's bedroom.
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Obama presses for stronger gun controls in Senate showdown
President Obama urged Congress to back tightened gun laws, invoking Newtown victims and urging progress on background checks. He highlighted broad activism from gun control groups and a $12 million Bloomberg ad campaign while acknowledging pullback in momentum due to Republican resistance and moderates in key states.
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