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Reply to "Would you support the following policy on student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Personally I think student loans, as administered by private banks, are predatory. [/quote] When private loans were allowed before Obama, they were much more competitive WRT interest rates than what the govt. has now. [/quote] This is a lie. I had loans in early 2000s with 2% interest rate from the government My sister had Wells Fargo interest rates in the double digits. Guess which one of us was able to pay off our student loans quicker even though I had taken out more due to graduate school. [/quote] That isn't my experience. Private loans in 2006 were just over 2% for us. [/quote]
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