Tagged: student loans

U.S. Sen. Claire McCaskill (D-Mo.) took part in a student loan roundtable today on the University of Missouri campus.

She is co-sponsoring the Bank on Student Loans Fairness Act with Sen. Elizabeth Warren (D-Mass.). The bill would reduce the interest rate on federally guaranteed loans for undergraduates from the current 3.4 percent to the 0.75 percent-rate banks receive when they borrow from the government. McCaskill also heard from graduate and professional degree students in attendance who said their loans should be part of the discussion.

Democratic Missouri Sen. Claire McCaskill is donning an apron to emphasize her support for federal student loans in her campaign against Republican Todd Akin.

Sen. Claire McCaskill spoke on the University of Missouri Columbia campus Tuesday to kick off her “On Our Campus, On Our Side” tour.

The Democratic incumbent told students it’s important to keep Pell Grants and federal student loans available to sustain education. McCaskill says her opponent, Rep. Todd Akin,  wants to eliminate student loans and that would hurt the middle class.

Watch the show and join the conversation on the Intersection website.

The Obama Administration announced today it is moving forward with a program to help students manage their loans.