Senate Breaking News: Senate Fails to Keep Student Loan Rates Low

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Senate Breaking News: Senate Fails to Keep Student Loan Rates Low

by Wochit 1:06 mins

Senate Breaking News: Senate Fails to Keep Student Loan Rates Low

by Wochit 1:06 mins

Senate Democrats failed to restore lower interest rates on student loans, again coming up short and perhaps signaling that undergraduates might really face rates twice as high as the ones they enjoyed last year. Senate Majority Leader Harry Reid, frustrated by a dysfunctional and unpopular Congress that has been unable to perform basic tasks such as agreeing on a federal budget, may soon seek an unprecedented rules change in the Senate. The Nevada Democrat's aim would be to strip Republicans of their ability to stop President Barack Obama's judicial and executive branch nominees with filibusters Landmark immigration legislation passed by the Senate would remake America's workforce from the highest rungs to the lowest and bring many more immigrants into the economy, from elite technology companies to restaurant kitchens and rural fields.

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