The interest rate on government-backed student loans is going to jump from 3.4 percent to 6.8 percent Monday.
Republicans, Democrats and the Obama administration could not agree on a plan to keep it from happening. Lawmakers say a deal is still possible after the July 4 recess. But if they don't agree on a plan soon, 7 million students expected to take out new Stafford loans could be stuck with a much bigger bill when they start paying the money back.
It has been one of the more heated debates in Washington this year.
What if we could get our gasoline, diesel fuel and jet fuel from yeast instead of from oil wells? That's not as crazy as it sounds. In fact, it's already happening on a small scale. And there's a vigorous research effort to ramp this up on a massive scale.
One of the more innovative approaches uses a new technology called "synthetic biology." Jay Keasling is one of the leaders in this hot field.
The U.S. is ready for tornadoes, but not tsunamis.
That's the conclusion of a panel of scientists who spoke this week on "mega-disasters" at the American Geophysical Union's science policy meeting in Washington, D.C.
The nation has done a good job preparing for natural disasters like hurricanes and tornadoes, which occur frequently but usually produce limited damage and relatively few casualties, the panelists said. But government officials are just beginning to develop plans for events like a major tsunami or a large asteroid hurtling toward a populated area.