July 10th, 2013
03:01 PM ET

Senate to Take Up Student Loan Debate

Today the Senate is set to vote on a plan to lower interest rates on federal student loans. The rate doubled on July 1st after lawmakers failed to come up with a compromise.

Students are left frustrated and in limbo, reports CNN's Erin McPike.

"I think every other American student feels the same way," says Brandon Anderson, a student at Georgetown University. "We just want to go to school. We want be able to access the American dream. And the only way to do that is to be able to afford an education. We ca not afford it with the rates doubling."

At this point, it's unclear if the procedural vote can pass. "If it fails that could up up Congress to a much larger debate," says McPike.

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