I ca n't say when or if we 'll come together . '' Student loan spending is high , with much of it in government loans . Rates doubled to 50 % on Stafford loans on because of congressional inaction . Senate Democrats sought to prevent the doubling of student loan rates . NEW : Lawmakers hope bipartisan efforts will lead to resolution of the issue soon .
Student loan spending is high , with much of it in government loans . Rates doubled to 50 % on Stafford loans on because of congressional inaction . Senate Democrats sought to prevent the doubling of student loan rates . NEW : Lawmakers hope bipartisan efforts will lead to resolution of the issue soon .