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New ad highlights Franken’s work to help Minnesotans refinance student loans

New ad highlights Franken’s work to help Minnesotans refinance student loans
Franken student loan bill will help half a million Minnesotans

ST. PAUL [10/11/14] — Today, the Franken campaign released a new TV ad that highlights Sen. Franken’s hard work to help lower the cost of college for Minnesotans.

The 30-second statewide ad, titled “All Together,” features Sen. Franken with a Minnesota family talking about his work to help half a million Minnesotans refinance their student loans:“You can refinance your house. You can refinance your car. So why can’t people like Grace and Ryan here refinance their student loans?”

The average Minnesotan graduates from college $31,000 in debt. To combat the burden this puts on graduates, Sen. Franken introduced the Bank on Students Emergency Loan Refinancing Actto give Minnesotans the ability to refinance their student loans at lower rates. The bill is paid for by enacting the Buffett rule, which would ensure millionaires and billionaires pay their fair share in taxes.

Documentation of the ad can be found here.

TRANSCRIPT:

AL FRANKEN: You can refinance your house. You can refinance your car. So why can’t people like Grace and Ryan here refinance their student loans? It’s one of those Washington things that make no sense. The average Minnesotan graduates from college  $31,000 in debt. So I’m working to pass a law to let people renegotiate their student loans. It’ll help half a million Minnesotans. I’m Al Franken. We’ve gotta help these guys pay off their student loans, so they can worry about this little guy when he goes off to college, and that’s why I approve this message.

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