Impt piece on economic impact of student debt: "Student debt may hurt housing recovery by hampering firsttime buyers" http://wapo.st/1gPnj7Q
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I've introduced a bill that would reduce federal student loan debt by allowing student borrowers to refinance at fixed 4% interest rate.
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Applies only to students, or graduates as well,
@SenGillibrand? Re: bill letting "student borrowers" refinance at fixed 4% interest rate. -
@KMBTweets@jteeDC@SenGillibrand Good idea. I do student loan consolidations for the Dept of Education & we hear this request every day... -
@elektrikgypsy@jteeDC@SenGillibrand Have gone so much farther & farther into debt from my unemployment deferrals...Am in a lot of trouble. -
@KMBTweets@elektrikgypsy@SenGillibrand I'm working & I'm more in debt. This isn't the dream I was sold. -
@jteeDC@elektrikgypsy@SenGillibrand Digging myself deeper and deeper into the hole every day. Will never - NEVER - repay this debt. -
@KMBTweets@jteeDC 2) qualifies them for part of the 25 yrs. Deferments & forbearances dont go toward the debt forgiveness... -
@elektrikgypsy@jteeDC I have to have a full-time job to be eligible for ICR. Until then, it's deferment hell for me. - 9 more replies
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