Senate votes against taking up student loan measure

Posted at 1:29 PM, Jul 10, 2013
and last updated 2013-07-10 13:29:05-04

student loans(CNN) – The U.S. Senate voted Wednesday against taking up a Democratic measure to temporarily reverse the doubling of some student loan rates, falling short of the 60 votes needed. Negotiations continue on a compromise that would hold off on new loan rates for this year.