Sen. Elizabeth Warren Introduces Legislation To Allow Refinancing Of Many Student Loans

Sen. Elizabeth Warren Introduces Legislation To Allow Refinancing Of Many Student Loans

Students who took out their first federal student loan this past fall will someday be glad that they are only paying 3.86%. Just ask those of us whose loans were nearly double that percentage. But a new bill introduced in the Senate today by Massachusetts Senator Elizabeth Warren would allow student loan borrowers to refinance at the rates set for new borrowers by last year’s legislation. [More]