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VIDEO RELEASE: Kline: It's Time for Presidential Leadership on Student Loans

House Education and the Workforce Committee Chairman John Kline (R-MN) today joined House Republican leaders at a press conference to discuss the urgent need for Senate action on a permanent fix to the student loan interest rate problem.

The House has passed bipartisan legislation that will prevent new subsidized Stafford Loan interest rates from doubling on July 1st. In his remarks, Chairman Kline says it is time for the president to lead and urge the Senate to take action.

I don’t know that there’s ever been a better opportunity to work towards a real bipartisan solution. When you have the White House come out with a proposal and the House of Representatives come out with a [similar] proposal, clearly we have [common] ground that we can work with. But what did we get? We got a threat of a veto from this president. Instead of providing the leadership that we need to see and getting the senate to take action, we got a veto threat. It’s time to put these politics aside. Let’s get the senate to move. Let’s help these students behind us, so we can move on to solving other problems.

The Smarter Solutions for Students Act passed the House of Representatives with bipartisan support on May 23, 2013. To learn more about the bill, click here.

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