Harry Reid expects bills to keep student loan rates from rising will fail in Senate

Senate Majority Leader Harry Reid (D-Nev.) on Thursday predicted that two versions of legislation to keep student loan interest rates low for another year would fail in votes later today.

"I'm certainly aware of how things work around here. Neither one of these things are going to pass, sorry to say," Reid said on the floor. "These two proposals were not created equal, but I hope a few reasonable Republicans will join with us to not put Americans' health at risk."

Read more: The Hill