Compromise Reverses Doubling of Student Loan Rates
WASHINGTON–(ENEWSPF)–August 1, 2013. U.S. Representatives Brad Schneider (IL-10), Tammy Duckworth (IL-08) and Bill Foster (IL-11) voted in favor of the Bipartisan Student Loan Certainty Act (HR 1911), a bipartisan compromise that reverses the July 1 doubling of student loan rates from 3.4 percent to 6.8 percent.
“This was the right action for our students,” Schneider said. “For too many students and families, college is increasingly out of reach,…
