WASHINGTON, D.C. – U.S. Senator Angus King today praised the passage of the Bipartisan Student Loan Certainty Act by the U.S. House of Representatives. Senator King, along with Senators Joe Manchin (D-WV), Tom Carper (D-DE), Richard Burr (R-NC), Tom Coburn (R-OK), and Lamar Alexander (R-TN) crafted the bipartisan compromise and led the fight for its passage in the Senate. The bill is a permanent-fix that lowers student loan interest rates for all students. It will now head to the President’s desk for his signature.

“I’m both encouraged and pleased that the House passed the Bipartisan Student Loan Certainty Act so that we can finally provide our students and their families with the financial certainty they need to plan for the costs of higher education," said Senator King.

“In a divided government, the only way to pass meaningful legislation and accomplish the business of the nation is to find common ground and compromise. That’s just what we did in the Senate and I believe that effort helped to lay the groundwork for the bill’s acceptance in the House. As the legislation heads to the President for his signature, Congress must continue to work in a bipartisan manner to address the serious issues confronting the country.”

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