Missouri’s Republican Senator says he’ll continue his opposition to a plan put forth by Democrats to extend federal subsidies for student loans for another year.
Roy Blunt says an alternative plan would accomplish the same goal, without raising the deficit. Blunt says he supports freezing student loan interest rates where they are now, at 3.4 percent, but says he would pay for the subsidy by taking the money from part of the President’s 2010 healthcare overhaul— which he claims is partially funded by interest payments from student loans.