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Dem student loan bill fails | TheHill
Senate Republicans blocked consideration of a bill that would allow people to refinance their student loan debt in a 56-38 vote on Wednesday.
Sen. Elizabeth Warren (D-Mass.) authored S. 2432, the Bank on Students Emergency Loan Refinancing Act, which would allow more than 25 million people to refinance their student loans to todays lower interest rates of less than 4 percent.
Democrats have been pushing their fair shot agenda ahead of the November elections by holding votes on student loans, raising the minimum wage and ensuring women have equal pay for equal work but Republicans have blocked all of legislative measures.
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Republicans could do something to help the middle class. Then again, maybe not.
Senate Republicans blocked consideration of a bill that would allow people to refinance their student loan debt in a 56-38 vote on Wednesday.
Sen. Elizabeth Warren (D-Mass.) authored S. 2432, the Bank on Students Emergency Loan Refinancing Act, which would allow more than 25 million people to refinance their student loans to todays lower interest rates of less than 4 percent.
Democrats have been pushing their fair shot agenda ahead of the November elections by holding votes on student loans, raising the minimum wage and ensuring women have equal pay for equal work but Republicans have blocked all of legislative measures.
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Republicans could do something to help the middle class. Then again, maybe not.