Recent polling indicates there may be some public support for a bill to help reduce student debt in Wisconsin. The latest Marquette Law School Poll found 61 percent support for legislation that would allow holders of student loans to refinance at lower rates. The “Higher Ed, Lower Debt” bill is from state Senator Dave Hansen (D-Green Bay).
“They should be able to refinance at a lower rate. Eight, nine, ten percent is not acceptable,” said Hansen. “The key to me is refinancing. And I hope that these numbers seep in to the Republicans’ heads, and they realize just how important this issue is, and how much support there is for this higher ed, lower debt bill.”
The bill has received a hearing, but a committee vote has not yet been scheduled, though Hansen and others have sent a letter requesting that.