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lifehacker.com: Right now, both houses of Congress are arguing about changes to student loan interest rates that could have huge effects on debt for college students across the country. What, exactly, is going to happen though?
1 comment:
Nikki Baltzer
said...
I found this article interesting because I know Ill be getting student loans soon and they're among the most important and most stressful things coming up. My ability to gain the right finical aid will greatly affect where i head to school so I have to keep an eye out for Congress's plan for capping the interest rate. I understand the US government relies a bit on student loan repayment for some revenue, but I feel that the interest rate are too high with the rising cost of tuition. Politicians talk about how its their job and our parents job to try to create a better world, in education, but yet are bleeding the motivated dry and forcing them to be stuck under mounds of student loan debt and still living with their parents right out of college. And they do this because in today's society, and after the recession, we are lead to believe that to make it in this day and age you need to get the best college degree you can. If the government wants to continue pushing forth this idea it would behoove them to lower the interest rates and lock the rate for the student borrowing money every year.
1 comment:
I found this article interesting because I know Ill be getting student loans soon and they're among the most important and most stressful things coming up. My ability to gain the right finical aid will greatly affect where i head to school so I have to keep an eye out for Congress's plan for capping the interest rate. I understand the US government relies a bit on student loan repayment for some revenue, but I feel that the interest rate are too high with the rising cost of tuition. Politicians talk about how its their job and our parents job to try to create a better world, in education, but yet are bleeding the motivated dry and forcing them to be stuck under mounds of student loan debt and still living with their parents right out of college. And they do this because in today's society, and after the recession, we are lead to believe that to make it in this day and age you need to get the best college degree you can. If the government wants to continue pushing forth this idea it would behoove them to lower the interest rates and lock the rate for the student borrowing money every year.
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