On the recordJuly 10, 2013
We agreed on that. We have agreed on a long-term fix, 10 years, rather than kicking it down the road another year, knowing another year will come and go and we are probably going to be standing here debating. That is the conclusion we have come to, which is different than what the House sent us. I applaud the Senator for working with us to put in a fixed rate. So if it is at 3.66 this year and I am able to qualify and I am subsidized at $3,500 of a subsidized loan the taxpayer will be paying, that 3.66 is fixed for the full life of the loan. We agreed on that, correct?





