Brown unveils plan to reduce interest rates for student borrowers

Bucyrus Telegraph Forum

Sen. Sherrod Brown (D-Ohio) has a new plan to help Americans refinance their private student loan to make them more affordable.

In a teleconference call with reporters Wednesday, Brown outlined how his "Debt Swap" bill will help people reduce debt by moving private loans to federal loans, at no cost to taxpayers.

"Students shouldn't sign away their economic futures when they start college," Brown said.

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