Student Loan Refinancing Act

Dem Senator Elizabeth Warren introduced the “Bank on Students Emergency Loan Refinancing Act” to congress in June which would have made federal student loans cheaper by letting students refinance their debt at current interest rates. Yet, last Friday, the Senate 56-38 vote against the bill, falling short of the 60 votes needed to beat a Republican filibuster

Senator Warren’s proposal faild, yet the senate now has it on the table.


About defaultprevention

Default Prevention Specialist since 1998.
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