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This is true. About fifty percent of federal financial assets are student loans (which terrifies me). However on the margin it would make a huge difference. Th
by austenallred 8y ago
This is true. About fifty percent of federal financial assets are student loans (which terrifies me).
However on the margin it would make a huge difference. The most expensive programs require a mix of federal loans and federally subsidized loans. There are a few changes the federal government could make to not back loans data clearly show are going to be bad, and if those loans aren’t federally subsized they’re not happening. Or, perhaps, worst case scenario the interest rate becomes extreme.
There are a lot of moving pieces.