Senator Joe Manchin announced the passage of the “Bipartisan Stu - Beckley, Bluefield & Lewisburg News, Weather, Sports

Senator Joe Manchin announced the passage of the “Bipartisan Student Loan Certainty Act”

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WASHINGTON, D.C. -

U.S. Senator Joe Manchin (D-W.Va.) today announced the passage of the "Bipartisan Student Loan Certainty Act" by a vote of 81-18, which is legislation that he sponsored along with a group of Democrat, Republican and Independent Senators. The bill provides a long-term fix that lowers student interest rates for all students.

 "In just a few short weeks, students will be returning to school knowing with certainty what their interest rates will be on their loans for the upcoming school year," Senator Manchin said in a news release. "I thank my colleagues on both sides of the aisle for coming together to pass this commonsense, long-term fix that lowers rates for all of our students."

The "Bipartisan Student Loan Certainty Act" was also originally sponsored by Richard Burr (R-NC), Angus King (I-ME), Tom Coburn (R-OK), Tom Carper (D-DE), Tom Harkin (D-IA), Lamar Alexander (R-TN) and Dick Durbin (D-IL).

You can view a one-page fact sheet on details of the "Bipartisan Student Loan Certainty Act" here, and a chart comparing today's student loan laws with the "Bipartisan Student Loan Certainty Act" here.