• ICYMI: Elizabeth Warren and Harry Reid fight Obama and the GOP on student loans
    Jul 3, 2013  - If you think the federal student-loan program looks like a bad deal for taxpayers, imagine how it would look with honest accounting. And now you don't need to imagine thanks to a new report that's receiving far too little attention. Turns out that the official "savings" for taxpayers of $184 billio... More
  • ICYMI: Student loan rates: Let the market decide, not politicians
    Jun 12, 2013  - There may be few issues that Republicans and Democrats agree on these days, but protecting college students and graduates from sky-high student loan rates should be one of them. The Smarter Solutions for Students Act, currently pending before the Senate, ties student loan rates to the market instea... More
  • ICYMI: Rep. Messer Calls on President, Senate to Join House Effort to Prevent Student Loan Rate Hike
    Jun 10, 2013  - On Saturday Representative Luke Messer (R-IN) discussed the Smarter Solutions for Students Act (H.R. 1911) in the weekly GOP address. Recently approved by the House of Representatives, this commonsense legislation would stop new subsidized student loan interest rates from doubling on July 1st. Durin... More
  • ICYMI: Kline: Remove politicians' role, align rates with free market
    Jun 3, 2013  - By Rep. John Kline (R-MN) Last summer, debate about student loans reached a fever pitch thanks to a scheduled increase in the interest rate for subsidized Stafford loans made to undergraduate students. The president began touring college campuses, calling on Congress to prevent the increase that hi... More
  • ICYMI: Obama's Student-Loan Props
    May 31, 2013  - President Obama's 2014 budget calls on Congress to prevent a doubling of interest rates on student loans and make the rates "more market-based." Last week House Republicans and four Democrats voted to prevent the rates from doubling and make the rates more market-based. Naturally, Mr. Obama is sitt... More
  • Kline and Foxx: Getting politics out of student loans
    May 23, 2013  - Bipartisan compromise is tough to find in Washington right now — but when there is opportunity for agreement, we owe it to the American people to take action. In the coming weeks, millions of student-loan borrowers could see their interest rates double from 3.4 percent to 6.8 percent. We’re in this... More
  • ICYMI: Reforming student loans is off to a good start
    May 21, 2013  - Congress has only begun working on student loans this year, and already it’s going better than last year’s debacle. Election-year politics drove Congress and the White House to endorse a bumper-sticker policy — keep loan rates from doubling! — instead of looking at the substance. Lawmakers rushed t... More