The next RNC Chairman should...

put student loan rates at the same rate the banks pay the government

put student loan rates at the same rate the banks pay the government

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    jim wardjim ward shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

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      • jim wardjim ward commented  ·   ·  Flag as inappropriate

        the republican bill to allow student loans ( stafford loans) to potentially rise to 8.5 percent and plus loans at 10.5 is not fair considering the banks pay in the 3 percent range for money they borrow from the government. Trying to balance the budget on the backs of college students makes little sense. Having this kind of variable rate proposed in house bill HR 1911 will cause most student loans to default if they rise to that level

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