Says Student Loan Rates Must be Kept from Doubling, But Votes Against Legislation to Extend Lower Rates for Iowa Students
Bruce Braley isn’t fooling anyone. The slick former head of the trial lawyers association and liberal loyalist to Nancy Pelosi – in true trial lawyer fashion – is trying to fool Iowa voters yet again, this time about the rising cost of student loans.
Less than two weeks ago, Bruce Braley voted AGAINST a bill on the House floor that would have extended a lower rate for Iowa students’ loans. Bruce Braley might be able to fool a jury, but he can’t fool Iowans.
@TeamBraley – Help @BruceBraley’s effort to keep college affordable by adding your name here…. #DontDoubleMyRate #IAProblemSolver
Bruce Braley Voted Against A Bill To Extend A Lower Rate For Student Loans. “Passage of the bill that would tie student loan interest rates to the 10-year Treasury note rate. Interest rates on all federal student loans (except Perkins loans) issued on or after July 1, 2013 would be set each year at the 10-year Treasury note plus 2.5 percent. Rates for graduate and parent PLUS loans would be set at the 10-year note plus 4.5 percent. Overall interest rates would be capped at 8.5 percent and 10.5 percent, respectively.” (H.R. 1911, CQ Vote #183: Passed 221-198: R 217-8; D 4-190, 5/23/13, Braley Voted Nay)
If Bruce Braley was actually worried about student loan rates, why did he oppose a bill to prevent the rates from doubling for Iowa students in less than a month? Why is he hiding from his vote?
“Preventing student loan rates from crushing Iowa students who are already struggling should be an issue of bipartisan agreement in Washington, but Bruce Braley would rather politicize the issue than actually help the struggling middle class. Braley’s misleading trial lawyer speak is just the latest example of his slick attempt to fool the jury – Iowa voters. Iowans are too smart for that.” said NRSC Press Secretary Brook Hougesen.
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