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I personally am not a fan of canceling student loan debt. However what I am a fan of is lowering the interest rate to nearly 0. I still have some of my student
by pickle-wizard 7y ago
I personally am not a fan of canceling student loan debt. However what I am a fan of is lowering the interest rate to nearly 0.
I still have some of my student loans left and most of them at at 1.8%. However I have some friends who went to college after me and theirs are at nearly 7%. That just doesn't seem fair.
- Areading314 7y agoThis is spot on. The interest paid to the government can be thought of as a tax whereas the principal is what was spent on the education.