White House pressures GOP on student loan bill

Associated Press
White House pressures GOP on student loan bill

FILE - In this March 13, 2012, file photo Sen. Jack Reed, D-R.I., joins students at a Capitol Hill news conference to announce the collection of over 130,000 letters to Congress to prevent student loan interest rates from doubling this July. With Congress returning from a weeklong spring recess, the Senate plans to vote Tuesday, May 8, on whether to start debating a Democratic plan to keep college loan interest rates for 7.4 million students from doubling. The $6 billion bill would be paid for by collecting more Social Security and Medicare payroll taxes from high-earning owners of some privately held corporations. (AP Photo/Manuel Balce Ceneta, File)

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