If this bill doesn't pass, we gotta get all people with student loans to riot
So, some student loan rates are currently 3.4%. They are set to double to 6.8% on July 1st if nothing is done in Washington. Banks receive loans from the Federal Reserve at 0.75%. Elizabeth Warren introduced a bill that makes it so things are fair and student loan rates would instead be 0.75% just like the banks. This is reason number 1,549,273 for why I love Elizabeth Warren.