Here. Excerpt:
The current rate for loans from the window is about 0.75 percent, while students are facing rates of 6.8 percent, Warren said.
"In other words, the federal government is going to charge students interest rates that are nine times higher than the rates for the biggest banks — the same banks that destroyed millions of jobs and nearly broke this economy," she said. "That isn't right. And that is why I'm introducing legislation today to give students the same deal that we give to the big banks."
