May 13, 2013

Elizabeth Warren Pushes Bill to Reduce Student Loan Interest Rates | Alternet

Elizabeth Warren Pushes Bill to Reduce Student Loan Interest Rates | Alternet
"On July 1, interest rates for student loans are set to jump from 3.4 percent to 6.8 percent. Warren wants to reduce the rate to .75 percent for a year. A .75 interest rate is the same rate that banks pay to the federal reserve."