DelBene Fights to Prevent Increase in Cost of Student Loans
Congresswoman Suzan DelBene released the following statement on today’s vote by the House to address the doubling of interest rates for subsidized Stafford loans, which are set to increase from 3.4 percent to 6.8 percent on July 1, 2013. Congresswoman DelBene offered an amendment to improve the bill by lowering the cap on rates for student loans. Her amendment was blocked from receiving a vote on the floor by House leadership.