The Senate vote is today on whether to stop student loan interest rates from doubling. We have President Obama, Republican presidential candidate Romney, and students on our side.
We can win this, but only if we show the Senate we aren’t backing down.
As you probably know, we’ve been calling on Congress to stop the interest rate hike. If they don’t act students who have Stafford loans would have to pay, on average, $4,000 more in loan repayment.
Keeping student interest rates low is a common sense, bipartisan solution that will save students and families thousands of dollars as we pay back our loans.