Schumer: Time to Penalize Colleges with Tuition Increases Above the Rate of Inflation

Townhall.com Staff
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Posted: Jun 12, 2014 9:32 AM

On Wednesday’s “The Daily Show” on Comedy Central, Sen. Chuck Schumer (D-NY) made his pitch for legislation that would allow Americans with student loan debt to refinance it at a lower rate. The bill sponsored by Sen. Elizabeth Warren (D-MA) had failed to advance earlier in the day with a 56-38 vote on the Senate floor, needing 60 to continue.