Bottom Line
On Wednesday, the Senate voted against a bill filed by Sen. Elizabeth Warren, D-Mass., that would allow college graduates to refinance their outstanding student loans at lower interest rates.
Despite the public outcry about mounting student loan debt, Republican leaders widely dismissed the measure as a progressive political stunt during an election year because it called for a new tax on millionaires and billionaires to cover the cost.
In partnership with On Campus, The Takeaway recently talked with Mike Wasserman, the Massachusetts executive director of the non-profit Bottom Line which helps disadvantaged and first generation students apply for and graduate from college, and Jasmine Boyd-Perry, a junior at the University of Massachusetts Boston.
