Senate Democrats have voted against an attempt by Senate Republicans to reduce student loan rates by 1.5%.
The measure was introduced by Senator Lamar Alexander (R-TN) today.
Alexander said his amendment to legislation pending in the Senate authorizing the federal government to take over student lending would save the average Tennessee student up to $1,800 in interest over 10 years.
In short, Senate Democrats voted against a Republican attempt to save students upwards of $1,800 on their student loans. How these same Democrats can then claim to represent the interests of young people is beyond me.


by Stephan Tawney on March 24, 2010