TODAY: Leader Pelosi & House Dems Join Students to Urge a Stop to Doubling of Loan Rates
WASHINGTON – College students will join House education leaders Thursday urging Congress to stop the doubling of interest rates on student loans and to speak about how increasing debt burden will harm their futures. If Congress fails to act, approximately 7 million student loan borrowers will see a doubling of their interest rates on July 1st. House Republicans pushed through a bill that would add more debt onto students and families, even more than if rates were allowed to double.
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WHO:
College Students
Democratic Leader Nancy Pelosi
Rep. Karen Bass
Rep. Joe Courtney
Rep. Ruben Hinojosa
Rep. George Miller
Rep. John Tierney
WHAT:
Student Loan Event
WHEN:
Thursday, June 20, 2013 at 1:00 p.m.
WHERE:
HVC-215, Gabe Zimmerman Room
Capitol Visitor Center
The U.S. Capitol
Washington, D.C.
House Democrats are attempting to force a vote on H.R. 1595, a bill by Rep. Joe Courtney that would hold interest rates at their current level for two years while Congress examines long-term reforms to the student loan system. So far, 195 members of Congress have signed onto the discharge petition.
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