WELCH, COURTNEY HOST PRESS CONFERENCE CALLING ON CONGRESS TO PASS BILL TO ELIMINATE INTEREST RATES ON ALL FEDERAL STUDENT LOANS

WASHINGTON, July 23 -- Sen. Peter Welch issued the following press release:

U.S. Senator Peter Welch (D-Vt.), Member of the Senate Finance Committee, and U.S. Representative Joe Courtney (D-CT-02), Member of the House Education and Workforce Committee, alongside Tiffany Dena Loftin, Executive Director of the U.S. Student Association, held a press conference on Capitol Hill calling for Congress to take up their bill, the Student Loan Interest Elimination Act (https://www.welch.senate.gov/welch-courtney-reintroduce-bicameral-legislation-to-eliminate-federal-student-loan-interest/).

This bicameral legislation would refinance the interest on federal student loans for all existing and future borrowers to 0%, making higher education more affor...