While Congressional Republicans passed legislation making student loan repayment more expensive for students and parents, Democrats have a plan to cut loan interest rates in half. To find out how much you would save under the Democratic plan, just enter the amount you expect to borrow in student and/or parent loans and the number of years you will have to repay them in our Student Loan Calculator.

To learn about consolidating federal student and parent college loans, click here).

Latinos, African-Americans and other minority students continue to make significant gains in college enrollment and graduation, but still lag behind their white peers. Expanding undergraduate and graduate opportunities for minority students and making college more affordable are critical steps toward closing the college participation gap.