The first bill that Massachusetts Senator Elizabeth Warren introduced aims to “stave off an automatic hike in student loan interest rates” with the goal of reducing the crushing burden of loan debt on college students and graduates.
This boston.com article looks at student loan debt from a variety of perspectives, including Senator Warren’s, who says, “If the Federal Reserve can float trillions of dollars to large financial institutions at low interest rates to grow the economy, surely they can float the Department of Education the money to fund our students, keep us competitive, and help grow our middle class.”
