5:40 pm
Wed July 10, 2013

Bill to lower student loan interest rates fails

Lead in text: 
At the beginning of the month, loan interest rates doubled to 6.8 percent.
The first official Senate attempt to roll back student loan rates failed Wednesday, pushing the Democratic leadership to now consider an alternative bipartisan plan they have thus far tried to stamp out. Rates doubled from 3.4 percent to 6.8 percent at the beginning of the month; the vote was on a bill to cut them to the original figure for another...