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Latino Daily News

Wednesday May 9, 2012

RUBIO WATCH:  Marco Rubio Still Paying Off Student Loans but Votes Against Low Interest Rates

RUBIO WATCH:  Marco Rubio Still Paying Off Student Loans but Votes Against Low Interest Rates

Photo: Rubio Watch

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As the Senate Republicans blocked a vote to extend low interest rates on government subsidized student loans one of their everyone ,  Florida Senator Marco Rubio, urged that “the interest rates on student loans do not go up.”

Both Democrats and Republican do not want interest rates to double to 6.8%  in July but disagree how to pay for it.  Democrats want to tax high-income earners and Republicans, including Rubio want to ax a public health and prevention fund.

In fact Rubio noted that he maybe the only U.S. Senator that is still paying of students loans.  The forty-year-old Cuban-American Senator has disclosed, according to ABC News, that he took out student loans between $100,000 to $250,00 to finance his undergraduate and law degree.