News Column

DSCC: On Student Loans, Would Mike McFadden Continue Standing With Special Interests & Against Minnesota College Students?

June 12, 2014



WASHINGTON, June 12 -- The Democratic Senatorial Campaign Committee issued the following news release:

Today as Republicans in Congress voted en masse against making college more affordable, Mike McFadden is refusing to say whether he would also put special interests ahead of Minnesota college students or vote to pass a measure that would help Minnesota students with the crushing weight of student loan debt. Minnesotans have a right to know exactly where McFadden stands.

Minnesotans must assume McFadden would vote against making college more affordable for working families by closing tax loopholes for millionaires and billionaires and using the savings to allow anyone with pre-existing student loans to refinance their loans at lower rates. In Minnesota alone, 561,000 (http://www.whitehouse.gov/sites/default/files/docs/student_debt_report_final.pdf) borrowers could benefit from refinancing their student loans at a lower rates. Would Mike McFadden have sided with special interests and voted against helping Minnesotans with student loan debt?

"Minnesota students and families deserve to know where Mike McFadden stands on the bill that would help more than 560,000 Minnesotans with student loan debt," said Justin Barasky, a spokesman at the Democratic Senatorial Campaign Committee. "Minnesotans deserve to know if instead of fighting to make college more affordable, Mike McFadden would vote to allow millionaires and billionaires to enjoy their tax breaks. Minnesotans deserve leaders who will fight for them in Washington, not reckless partisans like Mike McFadden who always puts the interests of his Washington special interest friends first."

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Source: Targeted News Service


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