Sanders: Senate Republicans Block Student Loan Bill

Michael Briggs
(202) 224-5141


WASHINGTON, May 8 – Sen. Bernie Sanders (I-Vt.) today said Congress must keep student loan interest rates from doubling this summer for 7.4 million students, including 19,000 in Vermont.

He said he regretted that Senate Republicans on a party-line vote refused to take up a plan to extend the current 3.4 percent interest rates on subsidized Stafford loans for low- and moderate-income students.

“This country’s young people are facing extraordinary challenges. They are paying three to four times as much as their parents did for a college education. In the worst economy since the Great Depression, there is no guarantee that they will be able to get a job after they graduate to pay off their student loans. The least we can do is keep interest rates from doubling,” Sanders said.

Unless Congress acts, the rates will double July 1.

Press Release

Comment Policy requires that all commenters identify themselves by their authentic first and last names. Initials, pseudonyms or screen names are not permissible.

No personal harrassment, abuse, or hate speech is permitted. Be succinct and to the point. Comments should be 1000 characters or fewer. If your comment is over 500 words, consider sending a commentary instead.

We personally review and moderate every comment that is posted here. This takes a lot of time; please consider donating to keep the conversation productive and informative.

The purpose of this policy is to encourage a civil discourse among readers who are willing to stand behind their identities and their comments. VTDigger has created a safe zone for readers who wish to engage in a thoughtful discussion on a range of subjects. We hope you join the conversation. If you have questions or concerns about our commenting platform, please review our Commenting FAQ.

Privacy policy
Thanks for reporting an error with the story, "Sanders: Senate Republicans Block Student Loan Bill"