3 ms·
This theory makes sense but since the loan is essentially risk free, why are private student loan interest rates roughly 10%?
by anthlax 3y ago
This theory makes sense but since the loan is essentially risk free, why are private student loan interest rates roughly 10%?
- jedberg 3y agoThose are the private loans not backed by the government. The government ones are basically at the prime rate or less to fund the administration of the program.