And I might just add that it is also an area where we have not allowed refinancing at the low rates that you have created for other parts of purchasing in the home market and so on, which is why many of us have joined with Senator Warren in legislation that would allow those students to refinance at the lowest rate that we had all voted on last year, 3.86 percent, and get folks out of debt so they can buy that home, get that car, and be able to have the life that they want.
Editor's note · Context
Stabenow discusses the need for student loan refinancing legislation.
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