Sen. Brown Pitches Student Loan Freeze Plan at OSU


COLUMBUS -- Senator Sherrod Brown (D-Ohio) told OSU students he has no desire to see their student loan rates rise.

The senator appeared on campus Wednesday to pitch his plan to freeze interest rates on federally-backed loans at 3.4%.

Stafford Loan rates will double in July unless Congress can come to agree on a plan to prevent the hike.

Sen. Brown told students that Congress needs to act on their behalf.

"We all have way more work to do for you, and your generation, then we've been able to do successfully so far," Brown said. "That needs to be our commitment as public officials, as business people, labor leaders, and others to your generation."

The senator's plan would fund the rate freeze by closing a corporate tax loophole.

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Sen. Brown Pitches Student Loan Freeze Plan at OSU »