The student loan interest should be set to 0% to make it easier for the borrowers to pay off their loan and still maintain a living or buy a house. The Government should not be making more money off the backs of the borrowers. Most want to pay their loans back but with interest at 8% or higher it makes it so hard to pay down the principal when your payment maybe just covers the interest. The student loan program is a get rich program for the student loan processors.
Related Topics
Policy | Replies | Views | Activity | |
---|---|---|---|---|
Interest-Free Federal Student Loans | 1 | 14 | December 13, 2024 | |
Interest Free Student Loans | 0 | 4 | November 9, 2024 | |
End Interest On Student Loans | 0 | 4 | November 10, 2024 | |
Cap interest rate on student loans | 1 | 31 | December 1, 2024 | |
Cap interest on student loans | 0 | 14 | November 9, 2024 |