That’s how many senators voted yesterday for a compromise student loans bill.
The revised bill incorporates a bipartisan amendment by West Virginia Democratic Sen. Joe Manchin and North Carolina Republican Sen. Richard Burr to peg annual student loan rates to changes in the yield of the 10-year Treasury note.
Most of the 18 “no” votes came from Democrats.
Senate Majority Leader Harry Reid of Nevada had predicted that a majority of the Democratic caucus would back the compromise even as some Democrats “continued to express concern over the legislation,” Bloomberg’s James Rowley reported yesterday.
Read Rowley’s analysis of the legislation in this BGOV Bill Summary.