U.S. Senator Jerry Moran (R-Kan.) released the following statement today regarding the importance of finding a permanent solution that will reduce interest rates for all new student loans:
"As a father of two, I understand that education can be a family's most important investment and ought not be complicated by short-sighted Washington politics. Rather than settling for another ineffective, short-term patch that only helps a portion of students, it's time for Congress and the President to pass a student loan policy that provides certainty and reflects the long-term financial planning students and families undertake to pay for higher education. In the interest of both students and taxpayers, I support legislation that permanently addresses interest rate levels for all federal student loans."