Interest rates for student loans should be 0% for 5 years after graduation. Increases 1% every year after and caps at 3%.
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Oh my gosh I really do appreciate you sharing this it was my favorite clip from the show today on the
@dailybriefing with@DanaPerino on@FoxNews. I really don’t understand why they don’t share more of their great clips in segments it’s not costing them a dime just cut and paste.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Good information which I had forgotten.
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Wow, did not know that, I just didn't like the rates on T-bills so I went with 3.15% for CDs. I also know thanks to Obamacare I had 5 years of pay cuts when working for the UW, 1% raise with a 1.1% cut to pay for higher premiums.
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Did they sneak that in to help pay for their disastrous healthcare bill?
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Dana, the government can roll back the rates to the 10-yr bill rate and give those who paid the higher interest rebates that they can apply toward the principal. The students can't file BK so the risk premium is not justified
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Thanks, Obama...
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Student loans used to be the lowest interest rate you could get... then the government decided it should run them, and they doubled.
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High interest rates on student loans is a big reason why the loans are not getting paid.
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