Student loan debt is exploding. It is stopping young people from - TopicsExpress

Student loan debt is exploding. It is stopping young people from moving out of their parents’ homes, from saving for a down payment, buying homes, buying cars, starting small businesses, saving for retirement, or making purchases that grow our economy. It doesn’t have to be this way. This morning, two dozen Senators joined to introduce the #BankOnStudents Emergency Loan Refinancing Act, which would give student loan borrowers a #fairshot. The bill would allow them to lower their interest rates on old loans to match the rates that the government offers to new borrowers today. Watch my floor speech:

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