Republican Senators blocked debate on a proposal that would have kept student loan rates from doubling in July. South Dakota Senator John Thune says it was a bad idea…
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Thune says there are other proposals out there that he can support…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/05/John-Thune-510b.mp3|titles=John Thune 510b]While democrats resist using the health care funds, Thune says it would be a matter of replacing existing money…
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If Congress can’t find a solution, interest on subsidized loans would jump from three point four percent, to six point eight percent.
(courtesy WNAX Yankton)
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