Staring down a July 1st deadline, lawmakers on Capitol Hill are looking at ways to control the costs of federal student loans. Senator Jack Reed is behind a measure that would overhaul how student loan interest rates are calculated.
Reed and a handful of democrats in Congress are pushing legislation that offers adjustable rates and caps the maximum interest rates on federal loans. The bill also allows borrowers stuck with high interest rates to refinance.
Congressman David Cicilline discusses a range of issues during a visit with Bonus Q+A, including increasing manufacturing in Rhode Island, a Democratic proposal to raise the minimum wage, sharp rhetoric from North Korea, and more.
Congressman David Cicilline joins the Roundtable this week to discuss hyper-partisanship in Congress, the outlook for an immigration overhaul, his encouraging of House Speaker Gordon Fox to run for mayor of Providence, and other topics.