Skip to main content

Student Loan Bill Blocked Amid Fight Over Interest Rates

Tension between Senate Democrats on Wednesday led to the demise of federal legislation that would lower interest rates on student loans. A competing plan to tie interest rates to financial markets also failed to muster enough support.

U.S. Sen. John Cornyn, R-Texas, in the House chamber of the Texas Capitol

Tension between Senate Democrats on Wednesday led to the demise of federal legislation that would lower interest rates on student loans. A competing plan to tie interest rates to financial markets also failed to muster enough support.

Quality journalism doesn't come free

Yes, I'll donate today