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Tue 2:33 p.m.: Students may pay higher interest rates

May 21, 2013

U.S. Sen. Sherrod Brown (D-OH) will hold a news conference call Wednesday regarding legislation to prevent a hike in interest rates for Stafford student loans. The current interest rate is set at ....

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(6)

Billdog

May-22-13 8:56 AM

CommonSense, so your saying poor people should pay more to go to school than wealthy people? That makes sense.

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CommonSense

May-21-13 9:34 PM

These kids have no credit history, hence, they are a risk. Bit of course dimocrats want toile it a political issue and use it to buy votes. Act surprised.

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pahootaman

May-21-13 4:52 PM

Most student loans are private, so this is kind of a moot point.

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TaxMan

May-21-13 4:21 PM

We find another way to penalize those that want to better their lives while we reward those that don't by putting them on the public tab. Does the government not understand that these are the very people that are going to be the main contributors to the tax base that enables those that can't or won't work to exist?

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Billdog

May-21-13 3:48 PM

I can agree with prime rate but most students have not developed credit. Most are just out of high school and their parents have no ability to pay for them to go to school. Risk shouldn't be a factor in student loans for that reason. No credit leaves no ability to determine risk.

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ItIsntEasyBeingFree

May-21-13 3:03 PM

This has always been set up to be a campaign wedge issue! Student loan interest rates should be dependent on risk of repayment and prime rate!

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