CAP en Español
Small CAP Banner

STATEMENT: CAP’s Carmel Martin and Generation Progress’ Anne Johnson on the Senate Vote on Student-Loan Refinancing Legislation

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

Contact: Madeline Meth
Phone: 202.741.6277

Washington, D.C. – Today, Republicans in the Senate blocked bipartisan legislation to refinance student loans. In response, Carmel Martin, Executive Vice President for Policy at the Center for American Progress, released the following statement:

It’s disappointing that Republicans in the Senate would block common-sense legislation that would allow student-loan borrowers the ability to refinance their loans. The effort to allow refinancing has bipartisan support and would help millions of borrowers—from young adults to senior citizens—achieve economic security. Helping borrowers shoulder the burden of student-loan debt is not only critical to ensuring that American students and families have a fair shot at economic success, but will also help grow our economy overall. Allowing existing borrowers to take advantage of lower interest rates will help alleviate the serious drag that student-loan debt places on our economy.

Anne Johnson, Executive Director of Generation Progress, released the following statement:

This has been an important week for student loan borrowers.  While today’s bipartisan vote in the Senate on student loan refinancing signals a desire to help middle-class Americans and boost our economy, we are disappointed Senate Republicans blocked the measure. Refinancing student loans is a commonsense solution, and we will continue to work on behalf of the 40 million Americans who carry student loan debt.

Related resources:

To speak with experts on this issue, please contact Madeline Meth at


To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Beatriz Lopez (Center for American Progress Action Fund)
202.741.6255 or

Spanish-language and ethnic media: Rafael Medina
202.478.5313 or

TV: Rachel Rosen
202.483.2675 or

Radio: Sally Tucker
202.481.8103 or