SIGN UP FOR THE BREITBART EMAIL NEWSLETTER

GOP presses Democrats for student loan changes

GOP presses Democrats for student loan changes

(AP) GOP presses Democrats for student loan changes
WASHINGTON
Congressional Republicans are pushing to overhaul the government’s student loan program, as both Democrats and the GOP blame each other for letting interest rates on the subsidized loans double last Monday.

In the weekly Republican radio address Saturday, congresswoman Lynn Jenkins of Kansas is pressing Senate Democrats to act on legislation that ties the rate to the financial markets, similar to a proposal from President Barack Obama. Senate Democrats unsuccessfully sought a two-year extension of the current 3.4 percent rate.

Jenkins tells students they deserve a more fair approach, one free of politics that allows students to take advantage of lower rates and have more peace of mind.

The White House predicts a deal will be reached before students return to school from their summer break.

Obama commemorated Independence Day when he delivered his weekly address Thursday.

___

Online: http://www.youtube.com/HouseConference

P.S. DO YOU WANT MORE ARTICLES
LIKE THIS ONE DELIVERED RIGHT TO YOUR INBOX?
SIGN UP FOR THE DAILY BREITBART NEWSLETTER.


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.

SIGN UP FOR THE OFFICIAL
BREITBART EMAIL NEWSLETTER

GET TODAY'S TOP NEWS DELIVERED RIGHT TO YOUR INBOX

I don't want to get today's top news.

x