Student loan deal emerging...Wildfire evacuations...Obama praises Mandela

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Associated Press

Posted on July 18, 2013 at 6:00 AM

Updated Thursday, Jul 18 at 6:00 AM

WASHINGTON (AP) — Details are emerging about the framework for a bipartisan agreement to roll back interest rates on student loans. The rates jumped from 3.4 to 6.8 percent on July 1 because Congress failed to act. Under the deal, all undergraduates this fall would borrow at 3.85 percent interest rates. Graduate students would have access to loans at 5.4 percent and parents would be able to borrow at 6.4 percent. Those rates would climb as the economy improves.

UNDATED (AP) — Authorities in Southern California have issued evacuation orders for hundreds of homes because of a major wildfire in the mountains southwest of Palm Springs. A U.S. Forest Service spokeswoman says large parts of the communities of Idyllwild and Fern Valley are under evacuation orders. An estimated 300 to 400 homes are affected.

DEARBORN, Mich. (AP) — Friends and relatives of a missing Detroit-area woman are making a public appeal for information about her abduction two days ago from a discount store where she was assistant manager. Dearborn police say a co-worker was fatally shot by a gunman who entered a Family Dollar store. Video shows him wearing dark clothing and a hood over his head.

LAS VEGAS (AP) — A former prosecutor-turned-fugitive who handled the high-profile drug cases of celebrities Paris Hilton and Bruno Mars has been found dead in his Las Vegas home. David Schubert recently completed a five-month stint in prison for crack cocaine possession. He was released in April. His lawyer says Schubert was found sitting in his truck in the garage with the windows rolled down.

WASHINGTON (AP) — President Barack Obama and first lady Michelle Obama say the world can honor Nelson Mandela by heeding his example and serving others. The Obamas are sending their wishes and prayers to the former South African leader on his 95th birthday. Mandela is critically ill in the hospital, although he's said to be improving and could be discharged soon.

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