Investing in the Future: Students Should Get Bank Rates
by Lauren L. on Jun 8, 2014 | Views: 134 | Score: 1
Students | Banks | |
---|---|---|
Direct Plus | 7.21 | 0 |
Direct Unsub. | 6.21 | 0 |
Stafford | 4.66 | 0 |
Major Banks | 0 | 0.75 |
Loans
Percent
Sources:
forbes.com, huffingtonpost.com
National student debt is climbing and is increasing at an unprecedented rate. Student loans provided by the government range from nearly 5%-7%. Meanwhile, irresponsible banks are enjoying a less than 1% rate for their indiscretions, provided by the Federal Reserve. To ensure a bright future for America, Sen. Elizabeth Warren is proposing the government invest in students with equal rates.