Today the United States Senate voted-down Sen. Elizabeth Warren's proposed student debt refinancing bill (read article here). The defeat means millions of Americans will not be made eligible to refinance their existing student loans at today's lower rates.
Unfortunately, education expenses are aggressive and the consequences of student borrowing is bleeding from one generation to the next. This Instagram post by user jwelsh95 illustrates how the cost of required textbooks can fuel the debt-fire.
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