Iowa U.S. Senators Propose Bill Mandating Disclosure of Total Interest on Student Loans

College students would learn the estimated total interest they would pay on a education loan before they take it out if a law proposed by Iowa’s U.S. senators becomes law.

U.S. Sen. Joni Ernst, R-Iowa, and Sen. Chuck Grassley, R-Iowa, joined Sen. Ron Johnson, R-Wisconsin, in proposing the measure to address student loan debt.

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