Student Loan Refinance Legislation

Local

The New York State Senate passed a bill that would create a student loan refinance task force that will help provide more options for refinancing and help reduce monthly student loan payments.

“We are following the lead of the Governor in this case, who made free tuition in state settings and private schools under certain conditions,” stated Senator Neil Breslin.  But there is still the need for borrowing and there are so many expenses to college, so we want to make that access able to everyone.”

The bill has yet to pass the in the New York State Assembly before it can be signed by Governor Andrew Cuomo.

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