Congress Passess Student Loan Rate Extension

Discussion in 'Politics' started by Dont Taz Me Bro, Jun 29, 2012.

  1. Dont Taz Me Bro
    Offline

    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

    Joined:
    Nov 17, 2009
    Messages:
    31,589
    Thanks Received:
    6,681
    Trophy Points:
    1,170
    Location:
    Las Vegas, Nevada
    Ratings:
    +17,459
    Idiots. These artificially low rates are exactly what is fueling the rising cost of tuition, just like absurdly low interest rates helped fuel the housing bubble. As long as student loan money is easy to obtain prices will continue to climb and climb and ultimately the bubble will burst. Defaults are already on the rise.

    Congress passes transportation bill, halts student loan rate hike - latimes.com
     

Share This Page