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Was government education loan rates too high?

Was government education loan rates too high?

Education loan rates of interest was back into the news headlines once again. President Obama touched with the rates of interest inside the Condition of the newest Relationship address in . Now folk is apparently onboard and work out a good transform. Though, in the current fiscal seasons () undergraduate pupils were using 3.4% for the unsubsidized finance while the national are purchasing 3.4% on the backed funds (as pupil is actually college or university), the headlines media is ignoring the fact that scholar pupils keeps already been investing 6.8% into the unsubsidized funds all of the together. Continue reading