Put an end to high variable student loan interest rates
I am one of many college students that is being taken advantage of by private students loans and I think it is time that the federal government steps in and puts a cap on the interest rates that banks... continue reading »
"Forget about saving for retirement, all of my money goes to private student loan interest rates. I hope to some day pay off some of the principle!"
"loan sharks"
"I thing it's horrible that my loan for $2000 has now doubled to $4000 in one year! I do believe that other students have this problem as well, and something needs to be done!"
"I have over $70K in private loans with over 9\% interest rate -- this usury practice needs to stop!"
"When attempting to expand ones education should not come to such great expence. This is a great country we live in and bettering ourselves to help keep it that way is almost impossible for the middle class people. It is too bad that our Great Nation is se"
"I agree with the statements"
"I am a victim"
"I would like to have student loans interest rates reduced to 1\%! As students we are left with no choice but to take out loans and these loans can leave us in debt for many many years."
"END STUDENT LOAN PREDATORY LENDING"
"I think you should still be allowed to file bankruptcy on student loans"
"At least let us consolidate at a fixed rate. Nobody wants to be in debt the rest of their life."
"Suffering under the hardships of a monthley loan payment that is over half my income"
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"Studen Loan Bailout Needed!!!"
"Although, its not private. I do have student loans, and it sucks :("
"Over 4 years; paid $10,000; only $1981 has gone to principal"
"Also, please dont "bailout" the student loan companies. That will only force me to pay them twice (through my taxes to cover the bailout, and my student loan payments)"
"I'm 97,000 in debt for the next 30 years! I feel your pain!"
"The harder you make it for people to obtain a college education, the less people you will have who will be qualified to significantly contribute to our national economy. To the government: hurting us will only hurt yourself in the end."
"I took out private loans because I didn't receive aid from the government because my parents make too much money, but they did not help me with paying for my education. I turned to private loans because it was very easy and fast money to pay for my educat"
"Variable student loan rates are a burden. They should be capped at less than 3\%"
"the current system in unjust"
"I am one of many college students whom have taken out private loans after all options for federal student loans were exhausted. I currently owe around 92,000 in federal student loans and fear I will never be able to pay them back due to unreasonable inter"
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"The Congress needs to act immediately. The "SHARK" loan companies are ruinning the lives of millions of students. We are never going to pay off the student loans. We can forget about our futures. We will take this debt into our graves and make the rich ri"