With some student loan rates set to double on July 1 -- from 3.4 percent to 6.8 percent -- Warren's bill would reduce student loan interest rates to 0.75 percent, opening the Fed's discount window to students.
This should be done to all existing student loans as well as new ones going forward.
This would free up money that would flow back into the economy in consumer buying, including things like first time home-buying.
Wall Street banks are getting those low rates to help them recover from the consequences of their own irresponsible and fraudulent behavior that crashed America's and the world's economy.
The only crime of most college students and graduates is wanting an education and a middle class standard of living.
We deserve at least as good a deal as big banks are getting.