July 10, 2013

Sen. Warren's Statement on Today's Student Loan Vote

WASHINGTON, DC – United States Senator Elizabeth Warren released the following statement after today’s vote on S. 1238, the Keep Student Loans Affordable Act:

“I’m frustrated the GOP has once again blocked a sensible compromise proposal to keep interest rates on student loans from doubling. The federal government continues to make billions of dollars in profits off the backs of our students – producing higher profits than any Fortune 500 company – but the GOP’s proposal would make another billion on top of that, continuing to squeeze our students to cover other government costs. It’s unbelievable that Republicans would demand $40 billion for a new border fence, yet refuse to invest a single dime in a better future for our kids and our economy.”