In the weekly Republican radio address Saturday, congresswoman Lynn Jenkins of Kansas is pressing Senate Democrats to act on legislation that ties the rate to the financial markets, similar to a proposal from President Barack Obama. Senate Democrats unsuccessfully sought a two-year extension of the current 3.4 percent rate.
Jenkins tells students they deserve a more fair approach, one free of politics that allows students to take advantage of lower rates and have more peace of mind.
The White House predicts a deal will be reached before students return to school from their summer break.
Obama commemorated Independence Day when he delivered his weekly address Thursday.
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