Big banks enjoy government interest rates as low as 0.75 percent. Meanwhile, student loans are set to double if Congress doesn’t take any action. How will your future be affected?
The website http://democracyforamerica.com/studentloandebt shows you exactly how the new Senate school loan bill will effect you. For me, I better pick a higher monthly payment … read it and weep.
So this is what happens when Congress wants to ‘reform’ something: Student Loan Calculator
