Senate to consider two student loan bills, Politico says

theflyonthewall.com

The Senate is set to vote today on two separate bills that would prevent interest rates on federal student loans from doubling on July 1, according to Politico. Both bills are expected to fail, possibly setting up a last minute showdown on the issue, the website stated. The House has already passed a bill that would prevent the rates from doubling, but President Obama has threatened to veto that legislation.

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