The Bipartisan Policy Center (BPC) hosted a Twitter chat on federal student loans as part of our new Citizens for Political Reform effort.
We are fast approaching June 30—the date on which the current 3.4% interest rate for subsidized Stafford loans is once again set to expire. If Congress does not act, this rate will double to 6.8% for new loans, affecting millions of student borrowers. Numerous proposals are currently being considered regarding how to approach the impending expiration date. Substantive, yet bridgeable differences exist between Democrats and Republicans. l Learn more
View highlights of the conversation below.