Senate Majority Leader Harry Reid of Nevada speaks to reporters on student loan legislation and the defeat of House Majority Leader Eric Cantor, Wednesday, June 11, 2014, during a news conference  on Capitol Hill in Washington.

Lauren Victoria Burke / AP

Senate Majority Leader Harry Reid of Nevada speaks to reporters on student loan legislation and the defeat of House Majority Leader Eric Cantor, Wednesday, June 11, 2014, during a news conference on Capitol Hill in Washington.