the federal government doesn't allow you to refinance your college loan if you're paying too much?

[UCmeNdc]

Hours after Senate Republicans voted to block Elizabeth Warren's student loan bill, the #3 Democrat in the Senate, Chuck Schumer, told Jon Stewart:

"You can refinance your home, you can refinance your car, but the federal government doesn't allow you to refinance your college loan if you're paying too much. Why shouldn't we do that? We're gonna keep going at it. We're going to bring this bill up over and over."

Elizabeth Warren also declared she will barnstorm the country with key Senate candidates, campaigning on this issue.

[kairos12]

1. The result is indentured servitude until you are just in dentures.

[btrflykng9]

2. + 1

[Sunlei]

3. Mrs. Warren will champion this issue, she is awesome! Here's the link to Gov loans & terms.

They do list consolidation, deferment, discharge, repayment on the right menu.

President Obama mentioned last year (when he was trying to get Congress to give a lower interest rate for student loans), he just paid back his student loans.

https://studentaid.ed.gov/