Sanders: Congress Must Restore 3.4% Student Loan Interest Rate
BURLINGTON, July 1 – Sen. Bernie Sanders (I-Vt.) said today that Congress must act immediately to pass legislation which retroactively restores the interest rate on subsidized Stafford student loans back to 3.4 percent. As a result of Congressional inaction, interest rates on these loans doubled to 6.8 percent today. On June 6, Sanders voted with a majority of senators to