The NRSC plans to send releases slamming seven senators and three congressmen running for the upper chamber for not supporting the Republican plan to avoid a doubling of interest rates. Democrats have already attacked the GOP for not backing their own fix.
Student loan rates are set to double from 3.4 percent to 6.8 percent on July 1 if Congress doesn't act.
Other targets: Sens. Mark BegichMark BegichEx-Sen. Kay Hagan joins lobby firm Unable to ban Internet gambling, lawmakers try for moratorium Dem ex-lawmakers defend Schumer on Iran MORE (D-Alaska), Mark PryorMark PryorEx-Sen. Kay Hagan joins lobby firm Top Democrats are no advocates for DC statehood Ex-Sen. Landrieu joins law and lobby firm MORE (D-Ark.), Mary LandrieuMary Landrieu oil is changing the world and Washington Ex-Sen. Kay Hagan joins lobby firm Republican announces bid for Vitter’s seat MORE (D-La.), Al FrankenAl FrankenSenate passes resolution honoring Prince Senators aim to bolster active shooter training Minnesota senators praise Prince on Senate floor MORE (D-Minn.), Mark UdallMark UdallEnergy issues roil race for Senate Unable to ban Internet gambling, lawmakers try for moratorium Two vulnerable senators lack challengers for 2016 MORE (D-Colo.), Jeanne Shaheen Jeanne ShaheenCarter pledges probe of sex assault testimony Pentagon looks to reduce billion energy bill Senate looks for easy wins amid 2016 gridlock MORE (D-N.H.), and Reps. Bruce BraleyBruce Braley10 rising stars in the energy and environment world DC delegate plans to confront GOP lawmaker calling for Washington recession DC delegate slams GOP lawmaker calling for Washington recession MORE (D-Iowa) and Gary Peters (D-Mich.).
Republicans have pushed a plan that would allow varying interest rates based on current market conditions, with a cap at 8.5 percent. That plan passed the GOP-controlled House but stalled in the Senate.
President Obama has also proposed allowing varying rates but has insisted on locking in those rates for the life of individual loans; he also wants lower rates on subsidized loans. Some congressional Democrats have called for extending the current 3.4 percent interest rate for a year or two to allow Congress to come up with a better long-term solution.
Both sides are looking to score political points off the stalemate with younger voters and their parents.