[Occupymendocino] Student Loans: pay same rate as banks

[Richard Karch]

http://www.philly.com/philly/blogs/consumer/Elizabeth-Warrens-modest-proposal-Students-pay-same-rate-as-banks.html


Jeff Gelles, Inquirer Business Columnist

With interest rates on federally subsidized student loans set to double this summer unless Congress acts - and where have we heard that story before? - U.S. Sen. Elizabeth Warren is stepping forward with a modest proposal: Skip the debate over whether students should pay 3.4 percent or 6.8 percent, and give them the same great deal as our government gives the big banks that, as she puts it, "destroyed millions of jobs and nearly broke this economy."



Read more at http://www.philly.com/philly/blogs/consumer/Elizabeth-Warrens-modest-proposal-Students-pay-same-rate-as-banks.html#0DxUUBBRvWiqyuVI.99
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