Interview with Congressman Jared Huffman
Congressman Huffman, a Marin County Democrat, is a cosponsor of the Student Loan Relief Act (H.R. 1595). If Congress doesn't act before July 1, federally subsidized loans are set to double from the current historically low rate of 3.4 percent to 6.8 percent. With nearly half of California college students borrowing money to go to school, the hike would mean thousands of dollars more of debt. We hear from Congressman Huffman on efforts being made to freeze the rate.