Student Loan Rate Bill
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Anonymous
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Bipartisan Bill Would Cap Federal Student Loan Interest Rate according to Forbes.
2% rate and applied retroactively to loans. Potentially something good during these dark times? |
Anonymous
| The federal government would actually take in more money by lowering the interest rate to 2% since so many student loans are in default. It’s actually a smart move, since you can’t get blood from a stone at 7% interest. |
Anonymous
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Wow!
This would be a silver lining! Hope it passes! |
Anonymous
Why are we continuing student loans? Trump needs to get his sh$$ together. In Trump’s new economy you do not need to go to college. You do not need to have a college degree to work in a factory. |
Anonymous
OP here--SAME! |
Anonymous
| Applied retroactively? What does that mean? |
Anonymous
| That would be fantastic and make sense for a lot of reasons. |
Anonymous
| How do we get this passed? |
Anonymous
Details: https://moskowitz.house.gov/posts/federal-student-loan-interest-rates |