Sen. Durbin pushes student debt relief legislation
Sen. Dick Durbin teamed up with Sen. Elizabeth Warren of Massachusetts for Bank on Students Emergency Loan Refinancing Act to help lessen the burden of student loan debt. The bill would have allowed debt holders to re-finance at a lower interest rate. But, it failed to gain traction in the Senate Wednesday. We talk to Senator Durbin about why an issue that previously had bipartisan support stalled in Congress.
Photo: FlickrCenter for American Progress Action Fund