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Dem Video Dubs GOP Bill The ‘Students Pay More’ Act
SAHIL KAPUR 11:52 AM EDT, FRIDAY MAY 24, 2013
House Republicans took the first step to address an upcoming spike in student loan rates in legislation they passed this week, but Democrats are launching a campaign to attack their effort as damaging to students.
The bill would peg Stafford loan interest rates to the marketplace and therefore permit them to fluctuate. The White House has threatened to veto it.
A web video released by the Democratic Congressional Campaign Committee highlights the possibility that the bill could lead to higher student loan rates -- an indication that Democratic candidates in 2014 intend to campaign against it.
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http://livewire.talkingpointsmemo.com/entry/dem-video-dubs-gop-bill-students-pay-more
