Virginia Foxx: “It is disappointing that President Obama and Senate Democrats cannot agree with Republicans in the House on a simple…”

“It is disappointing that President Obama and Senate Democrats cannot agree with Republicans in the House on a simple issue like preventing student loan rates from doubling. Although a bipartisan vote in the House passed the Smarter Solutions for Students Act, the President and Senate have panned this common-ground approach. The Smarter Solutions for Students Act is a simple plan, ready-made for bipartisan compromise, as it was patterned after President Obama's own budget proposal. Politicizing the coming student loan interest rate hike is not an option if we are serious about a July 1 solution. I urge my colleagues in the Senate to build off of the Smarter Solutions for Students Act proposal and commit to a long-term solution for students that eliminates the Washington guessing game from the rate-setting equation. Ignoring the common ground Republicans already share with President Obama puts politics ahead of students. ____________________”