Votes on Student Loan Interest Rates Nothing But Political Theater

Republicans and Democrats agree student loan rates must stay at 3.4 percent, but cannot compromise.

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But time is running out for the those who will, on average, see their student loan debt increase by $1,000 on July 1.

"We are optimistic, but it is very frustrating to see the current bill being stalled because of differences between the parties," Kassa says. "At the end of the day the numbers speak volumes. Students will have more debt because our leaders cannot compromise. That is very frustrating."

Lauren Fox is a political reporter for U.S. News and World Report. She can be reached at lfox@usnews.com.

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