Sanders Continues To Push For Student Interest Rate Reversal
Senator Bernie Sanders is continuing to push for moving the interest rate on federal student loans back to 3.4 percent, reversing its doubling to 6.8 percent as of July 1st.
Speaking on the floor of the U.S. Senate, Sanders read excerpts from emails by Vermonters who were either still in school or out in the workforce and struggling to pay off their loans.
Emily Decker from Colchester said her student loan payments were causing her to put off starting a family until her finances are on a better footing.
Champlain College student Andrea Craft wrote that she worries the loan repayments will block her from getting ahead once she's out of school.