Washington, March 24 -- Congressman Joe Courtney issued the following press release:
Today, Congressman Joe Courtney (CT-02), a senior member of the House Education and Workforce Committee, and Senator Peter Welch (D-VT) re-introduced the Student Loan Interest Elimination Act, a bill to lower the cost of college for current and future student loan borrowers.
The Student Loan Interest Elimination Act would allow borrowers to refinance the interest on all current and future federal student loans to zero percent. Thanks to this fix, 43 million Americans with existing federally held student loans would see their interest rates immediately eliminated. The bill is fully paid for with no cost to taxpayers.
"At a time when Americans are experi...