Why is nobody talking about capping the interest rate on student loans? Some loans currently are at 7 or 8%. If debt is not going to be forgiven, reducing the interest rate on existing loans would at least offer some relief to borrowers and allow people to reduce principal quicker.
Gumpy1549 karma
Why is nobody talking about capping the interest rate on student loans? Some loans currently are at 7 or 8%. If debt is not going to be forgiven, reducing the interest rate on existing loans would at least offer some relief to borrowers and allow people to reduce principal quicker.
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