Student Loan Debt
Education officials testified on the effects on the economy of high student loan interest rates and debt. The hearing followed Senator Sherr… read more
Education officials testified on the effects on the economy of high student loan interest rates and debt. The hearing followed Senator Sherrod Brown’s (D-OH) introduction of the Bank on Students Emergency Loan Refinancing Act, which would allow those with outstanding student loan debt to refinance at the lower interest rates offered to new borrowers. One of the witnesses, a Washington, D.C., public school teacher, detailed his experiences getting loans for graduate school and the repayment period and options after graduation. close
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