The Hill: Sen. Warren calls for giving student borrowers the same loan rate as banks

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."

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