Sen. Lamar Alexander, R-Tenn., a former secretary of education, center, speaks to reporters after a bipartisan agreement was reached on lowering rates for government student loans, at the Capitol in ... more 
Sen. Lamar Alexander, R-Tenn., a former secretary of education, center, speaks to reporters after a bipartisan agreement was reached on lowering rates for government student loans, at the Capitol in Washington, Thursday, July 18, 2013. Interest rates doubled July 1, 2013, because Congress didn't avert a rate hike built into the law. Democratic Sen. Joe Manchin of West Virginia, right, was one of the main negotiators. At far left is Sen. Tom Carper, D-Del. (AP Photo/J. Scott Applewhite) less 
1 / 30
Associated Press | Photo By J. Scott Applewhite
Thu, Jul 18, 2013 6:22 PM EDT