Boehner: Congress will find a way to extend student-loan rates

04/29/2012 | Roll Call (free content)

The U.S. House approved a bill that would pay the cost of a 12-month extension of the 3.4% interest rate on student loans from a health care fund. President Barack Obama, who supports the extension, has threatened to veto the House bill because of its funding source, and Senate Democrats are pushing an alternative funding source. Still, House Speaker John Boehner said he expects Congress to find an accord on the rate extension.

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