President Obama was in Iowa City last week pushing Congress to pass a $6 billion plan to freeze student loans at a 3.4 percent interest rate. If Congress doesn't act, the rate will rise to 6.8 percent on new loans in July, which translates to roughly a $1,000 per-student increase.
Iowa was a logical place to include on the tour. Iowa's students leave college with $30,000 in student debt, which is third highest in the nation -- and Obama 2012 will be waging war in this battleground state.
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