Student Loan Bill Passes

, Posted in Politics, U.S. & World News, Posted: Fri, April 27 2012 at 5:55 PM, Updated: Fri, April 27 2012 at 6:08 PM

On Capitol Hill today, the House passed and sent to the Senate a bill to keep student loan rates low, but there was a partisan fight over how to pay and it is spilling over into the presidential election.

Both sides agree that student loan rates should stay at 3.4 percent, but they battled in the House until the bill was passed today though.

Republicans pushed thru their plan to pay for college loans by cutting women's health screenings.

The Democrats showed their displeasure.

President Obama staged campaign style events this week at three colleges in battleground states, backing students who he needs to back him in November.

Democrats claim this is what forced GOP lawmakers to okay cheap student loans.

Even as the campaign heats up, how to pay for the student loan program has to be settled long before November.

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