News

Senate Misses Chance On Student Loan Rates

Senate Misses Chance On Student Loan Rates

Photo: WNAX

A bill that would allow student loan borrowers to refinance and cut their interest rate was stopped in the US Senate.
South Dakota Senator Tim Johnson says republicans blocked the bill……….

Republican Senators says the plan was a sham, and would do little to help with student loan borrowing costs.

Johnson says a college degree is becoming a minimum entry to career choices……

Johnson says South Dakota students continue to carry some of the highest loan debt in the country…………

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