Sen. Elizabeth Warren (D-MA) thinks its wrong that Big Banks get interest rates on their loans that are seven times lower than America’s students. That’s why she introduced a bill to make the rates exactly the same for one year.
Today, Sen. Jeff Merkley (D-OR) announced that he will be co-sponsoring Warren’s legislation, called the Bank On Student Loan Fairness Act:
Proud to cosponsor @senwarren‘s bill to give our students the same loan rates our biggest financial institutions get from the Fed
ai??i?? Senator Jeff Merkley (@SenJeffMerkley) May 14, 2013