Thursday on Bloomberg Television, Robert Borosage made the case for Sen. Elizabeth Warren’s Bank On Student Loan Fairness Act, which would set student loan interest rates at the same rate banks get from the Federal Reserve discount window:
“There is a universal consensus that we have to educate the next generation. And now college is getting priced out the reach of more and more students who have earned their way into it. What Elizabeth Warren is saying is, look, we shouldn’t be subsidizing the banks and not subsidizing the children that are our future.”
You can help press the Senate to pass the Warren bill by signing this Campaign for America’s Future/Daily Kos petition.