The Associated Press 

 Graphic shows student loan debt statistics
WASHINGTON – Senate Democrats are getting ready to push an election-year bill preventing interest rates from rising for millions of students with federal loans. Republicans are balking at a tax boost on privately held corporations that Democrats may use to pay for it.

Senate Majority Leader Harry Reid unveiled the $5.9 billion bill late Tuesday after the effort was endorsed by both President Barack Obama and his likely GOP rival this fall, Mitt Romney.



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