RICHMOND, Va. (WVIR) -
Virginia Democrats are rolling out a plan to tackle the heavy burden of student loan debt.
Lawmakers are introducing bills aimed at lowering interest rates, and having the commonwealth play a role in issuing new loans.
Democrats argue Virginia’s economy is being held back because graduates are unable to invest much in the economy. Legislators believe they are delaying buying homes, as well as starting their own families or business because of their debt.
“We cannot move forward with a new Virginia economy when our next generation of leaders come out of school crippled with debt,” said 95th District Delegate Marcia Price (D).
The Virginia House Democratic Caucus would like to resurrect the Virginia Educ…
Read the full article at: http://www.nbc29.com/story/34217954/virginia-democrats-seek-to-help-ease-student-loan-debt