Senator Brown outlines student loan refinance bill - 21 News Now, More Local News for Youngstown, Ohio -

Senator Brown outlines student loan refinance bill

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COLUMBUS, Ohio - As student loan debt surpasses $1 trillion, U.S. Senator Sherrod Brown outlines a bill designed to help those with private student loans refinance to make them more affordable.

Through what's called the "Student Loan Affordability Act," the Senator also wants to freeze interest rates so they don't double for Stafford Loans.

"So a low income kid from Salem, or a middle-class kid from Youngstown or Boardman can get a chance to go to college without huge debt," Brown says. 

Senator Brown says Congress faces a July 1 deadline to pass legislation to prevent 360,000 students across the state from having their interest rates doubled on student loans.

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