What Elizabeth Warren Gets Wrong (and Right) About Student Loans

Elizabeth Warren wants a huge student loan interest rate cut. Here's why that doesn't make sense.

In this March 7, 2013 file photo, Sen. Elizabeth Warren, D-Mass., pauses while questioning a witness at Senate Banking Committee hearing on anti-money laundering on Capitol Hill in Washington.

Though the plans differ, it at the very least appears that there is bipartisan consensus that something about the student loan rate system needs to change. Whether lawmakers can iron out their differences is another story.

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  • Corrected on : Updated on May 9, 2013: This article was updated to include comments from Sen. Warren’s office.