Weekend Edition Saturday

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SCOTT SIMON, HOST:

Of course, Egypt has a new president - an Islamist from the once-banned Muslim Brotherhood. Mohamed Morsi took the oath of office in Cairo today, a day after appearing at Tahrir Square to proclaim that the people are the real source of power, not the generals and the supreme military council. NPR's Peter Kenyon reports from Cairo that despite the swearing-in ceremony, Mr. Morsi may not have really taken hold of the reins of power.

PRESIDENT MOHAMED MORSI: (Foreign language spoken)

Firefighters are slowly gaining ground on the Waldo Canyon fire in Colorado. It's scorched about 17,000 acres and believed to have claimed two lives.

More than 300 homes have burned. There's been a lot of talk about how many houses were lost in the fire, but Colorado Springs Fire Chief Rich Brown wants you to know there's a flip side to that: He says crews worked hard to minimize damage.

It came down to the wire, but finally, Republicans and Democrats agreed on a deal that keeps the interest rate on government-backed student loans from doubling. It will save the average borrower about $1,000 a year, but the compromise is likely to cost students a lot more than that over the long term.

The agreement that lawmakers passed Friday will keep interest rates at 3.4 percent for another year. Anthony DeLaRosa, a 23-year-old University of Colorado graduate, says it's a big victory.

This summer, Weekend Edition Saturday is listening to the sounds of music al fresco. Today, we present an audio postcard of a trumpeter we recently heard blowing "The Star-Spangled Banner" just down the street from NPR.

The odds of making it in the classical music business are long, but for the past two years, 25-year-old viola player Nathan Schram has received a stipend, health insurance, lots of amazing performance opportunities and a real-world education teaching violin students at an inner-city elementary school in Brooklyn. Now, Schram and his colleagues have to say goodbye to The Academy.

The Pew Research Center says Asian-Americans are now the fastest-growing ethnic and immigrant group in the United States: 18 million Americans, almost 6 percent of the population. Pew says Asian-Americans also tend to be the most educated and prosperous.

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SCOTT SIMON, HOST:

This is Weekend Edition from NPR News. I'm Scott Simon. It's time for sports. We're joined by NPR's Tom Goldman.

Morning, Tom.

TOM GOLDMAN, BYLINE: Hi, Scott.

SIMON: And, of course, Jerry Sandusky was convicted late last night for the sexual abuse of 10 young boys. A longtime assistant football coach at Penn State, a pillar of the community, known for his charitable work. You were in State College to cover the story when it broke.