Senate Finally Reaches Deal on Student Loans
July 19, 2013 at 07:54 AM EDT
With the August recess looming, along with the return of students to college, a bipartisan group of Senators, under the leadership of Majority Whip, Dick Durbin, reached a compromise on student loan rates, according to Politico . Senator Lamar Alexander said, “It would save students in 11 million families billions of