January 21, 2016

Washington Post: Senate Democrats launch campaign to reduce student debt

With the staggering cost of college a key issue on the presidential campaign trail, Senate Democrats are seizing the opportunity to promote a legislative package designed to address affordability.

On Thursday, lawmakers unveiled the Reducing Educational Debt (RED) Act, comprised of three bills that party members have championed over the last year or two. The package includes legislation introduced by Sen. Elizabeth Warren (D-Mass.) in 2014 to let borrowers refinance their federal and private student loans at a lower interest rate.

Read the full Washington Post article here.