Klobuchar offers student-loan bill for service members

WASHINGTON, D.C. — Sen. Amy Klobuchar introduced legislation today that would stop interest from accruing on Federal Direct student loans for service members serving in Iraq, Afghanistan and in other hostile areas abroad.

Senators Evan Bayh, D-Ind., Michael Bennet, D-Colo., and Jeff Sessions, R-Ala, joined the Democrat from Minnesota as co-sponsors on the bill.

“Military families and soldiers already have enough to worry about during deployment without the added burden of student loan interest,” Klobuchar said in a statement. 

Under the bill, service members serving in hostile areas would save, on average, between $1,183 and $1,479 over a 12 to 15 month active duty period, according to the Congressional Research Service.

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