|Sen. Jeff Merkley|
No, Senator Merkley's big, bold move is to cut the amount of interest students might owe after borrowing to pay those "too darn high!" tuition rates.
Here's the text from the email:
Tuition is too darn high!
Sent By: Senator Jeff Merkley
Making College Affordable
It’s graduation season, and as many Oregon families understand too well, it is increasingly harder to afford higher education in America. We need an alternative to the broken model of mountains of debt and increasing interest rates. That’s why Jeff recently teamed up with Elizabeth Warren to introduce legislation that will provide immediate relief to students and graduates mired in debt. The Bank on Students Emergency Loans Refinancing Act would allow student borrowers to refinance their private and public student loans at a lower, fixed rate. As the first in his family to attend college, Jeff is personally invested in this issue. Pushing this bill is the latest in a series of steps he has taken to make college attainable and affordable for all Americans.
Read more in the Register-Guard: "Bill might ease student loan squeeze"Senatorial leadership at it's best. Keep paying the high tuition, but if you borrow to pay it, you might not have to pay quite as much interest. Sheesh.