It's outrageous that students are being asked to pay interest rates higher than you would pay to buy a house.https://amp.twimg.com/v/e0dae76e-6c8c-49e2-b1f8-31569a95f4ff …
@m3pols @HillaryClinton I though you couldn't even get out of them with personal bankruptcy?
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@DanielleFong I am no expert, but I think you are right. Default just means you missed X payments and it gets turned over to collections -
@m3pols yeah, so, it's even though the default rates are higher, it is still overwhelming that the interest rate is 13% for some ed loans - 1 more reply
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@DanielleFong it's all pretty ugly. $1.2T of student loans outstanding. Credit was way too easy -
@m3pols the other part is that it's inflated the actual cost of education. - 2 more replies
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