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Senate Minority Leader Mitch McConnell of Ky. right, accompanied by Sen. Lamar Alexander, R-Tenn., gestures as he speaks with reporters on Capitol in Washington, Tuesday, July 9, 2013, about student loan rates following a Republican strategy session. Interest rates doubled to 6.8 percent last week because Congress didn't avert a rate hike built into the law. (AP Photo/J. Scott Applewhite)
Photo by: J. Scott Applewhite
Senate Minority Leader Mitch McConnell of Ky. right, accompanied by Sen. Lamar Alexander, R-Tenn., gestures as he speaks with reporters on Capitol in Washington, Tuesday, July 9, 2013, about student loan rates following a Republican strategy session. Interest rates doubled to 6.8 percent last week because Congress didn't avert a rate hike built into the law. (AP Photo/J. Scott Applewhite)

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