Congress doubles student loan interest rates


Due to Congress’s failure to vote on whether or not to keep interest rates on student loans at 3.4 percent, on Monday that number doubled to 6.8 percent. Law…

By | 2013-08-27T23:19:17+00:00 August 27th, 2013|Mortgages Home Loans Interest Rate|23 Comments

About the Author:

23 Comments

  1. AceofDiamonds0 August 28, 2013 at 10:22 AM - Reply

    elizabeth warren said it best. that students should pay the same interest rate on their government loans as banks do.

  2. permanentrecordsvids August 28, 2013 at 10:03 AM - Reply

    They are doing this to increase applicants to NSA and police, and recruits for war, oh and they are ripping us off at the same time.

  3. odensmeadhorn August 28, 2013 at 9:53 AM - Reply

    Make education to expensive, after all stupid people are easier to manipulate.

  4. castlegreyskull100 August 28, 2013 at 9:10 AM - Reply

    In short, the reason is because the majority of Americans still believe that the government is competent or even could be.

  5. Telaros August 28, 2013 at 8:24 AM - Reply

    4:25
    how else are you going to control who gains knowledge?
    Knowledge is power. And congress wants that power. They don’t make money off students who can pay on time.

    Debt and the system made to keep students in debt are the ones who’ve for decades now not once been held accountable even when their scheme was made public. Instead it was buried among other media and downplayed.

    We need MASSIVE reforms and to break up the current system so they don’t bank on student debts and ruining our future.

  6. eulex10 August 28, 2013 at 8:04 AM - Reply

    Anyone still doubts Jews run this show ?

  7. tom stavrou August 28, 2013 at 7:29 AM - Reply

    congress is to busy doing insider trading to think about serving the public

  8. exadakt August 28, 2013 at 7:17 AM - Reply

    To some here don’t like the reproach regarding the social inequalities. The law of jungle is the normal for them. Humanity is a mass of animals and the weak should die. The poor’s children are subhumans and must die. Sieg heil!

  9. exadakt August 28, 2013 at 6:55 AM - Reply

    To some here don’t like the reproach regarding the social inequalities. The law of jungle is the normal for them. Humanity is a mass of animals and the weak should die. The poor’s children are subhumans and must die. Sieg heil!

  10. exadakt August 28, 2013 at 6:17 AM - Reply

    Greed of the rich + power of science, tech ~> disaster.
    Social inequalities + power of science, tech ~> disaster.

  11. john galt August 28, 2013 at 5:59 AM - Reply

    The doubling of the interest loan rates is because of Obamacare the Democrats that rote the law that doubled the interest rate to pay for obamacare! and the democrats don’t want to fix this because the increase in interest rates is a part of obamacare!

  12. DyanLFC August 28, 2013 at 5:29 AM - Reply

    What can I do after I drop out of college?

  13. takerdust August 28, 2013 at 5:16 AM - Reply

    the government doesn’t “profit”, it loses money.

    It is not making billions if it gives out billions in pell grants and other programs.

  14. DystopianEmpire01 August 28, 2013 at 4:35 AM - Reply

    The same things you can do after you graduate. I know that sounds awful, but people deserve the truth, there isn’t enough jobs.

  15. triad17 August 28, 2013 at 3:53 AM - Reply

    That guy was dead on, right answers until the very last one

  16. AntiCorp65 August 28, 2013 at 3:47 AM - Reply

    The Answer to student Debt is clear, the Answer is forgiveness for student Debt.

  17. quadcatfly August 28, 2013 at 2:56 AM - Reply

    no. it will simply increase the cost of education while reducing quality. Move to cuba, they have free stuff you are demanding.

  18. quadcatfly August 28, 2013 at 2:53 AM - Reply

    LOL. Government “help” is what drove the cost of education to increase 30 times in th e last 40 years. So more government “help” is a solution!?

  19. quadcatfly August 28, 2013 at 1:59 AM - Reply

    dream on commie

  20. Johannah Wagner August 28, 2013 at 1:59 AM - Reply

    Congress should be impeached!!!

  21. lancerhammer August 28, 2013 at 1:03 AM - Reply

    The price of freedom. Lol!

  22. AntiCorp65 August 28, 2013 at 12:30 AM - Reply

    I’m not a Communist. I’m a Socialist.

  23. Moses Park August 27, 2013 at 11:47 PM - Reply

    FUCK THE FUCKIN GODDAM CONGRESS

Leave A Comment