Student debt debate revived on Capitol Hill

Democratic U.S. Sen. Al Franken is aiming to drum up support for a bill that would allow an estimated 25 million people with older student loans to refinance that debt at current, lower interest rates.

September 9, 2014 at 1:28PM

Democratic U.S. Sen. Al Franken will join Massachusetts Sen. Elizabeth Warren at a Capitol Hill press conference today in an effort to drum up support for her bill that would allow an estimated 25 million people with older student loans to refinance that debt at current, lower interest rates.

The bill stalled in July, but Democrats have vowed to keep pressing Republicans on the issue. Franken, an original co-sponsor of Warren's bill, visited the University of Minnesota last week to discuss college affordability.

GOP lawmakers have accused Democrats of trying to capitalize on the student debt issue for election year gains.

A version of this item appeared in Morning Hot Dish, the Star Tribune's daily political newsletter. To sign up, go to StarTribune.com/membercenter, check the Politics newsletter box and save the change.

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