http://blog.brazencareerist.com/2012/06/12/congress-plays-politics-with-your-student-loans/?utm_source=rss&utm_medium=rss&utm_campaign=congress-plays-politics-with-your-student-loans Personal development meets professional aspiration Wed, 06 Aug 2014 07:38:00 +0000 hourly 1 http://wordpress.org/?v=3.9.1 http://blog.brazencareerist.com/2012/06/12/congress-plays-politics-with-your-student-loans/comment-page-1/#comment-32728 Sat, 15 Sep 2012 10:30:00 +0000 http://blog.brazencareerist.com/?p=7320#comment-32728 Great post. This is very informative article. The only reason the rates are artificially at that low 3.4% is because congress passed that law in 2007.and deliberately set it to expire during this election year so that they could play politics with it.

]]> http://blog.brazencareerist.com/2012/06/12/congress-plays-politics-with-your-student-loans/comment-page-1/#comment-10095 Tue, 12 Jun 2012 21:40:10 +0000 http://blog.brazencareerist.com/?p=7320#comment-10095 [...] Congress Plays Politics with Your Student Loans [...]

]]> http://blog.brazencareerist.com/2012/06/12/congress-plays-politics-with-your-student-loans/comment-page-1/#comment-10092 Tue, 12 Jun 2012 18:30:00 +0000 http://blog.brazencareerist.com/?p=7320#comment-10092 Give me a break. The only reason the rates are artificially at that low 3.4% is because congress passed that law in 2007 (the democrats owned both houses then, remember?) and deliberately set it to expire during this election year so that they could play politics with it. The fact of the matter is that the rate is only coming up to where it should have been in the first place. The lower rate would only save $38/mo for each student, but will cost the federal government, and taxpayers, $6,000,000,000.00. That’s $6 BILLION more dollars for people that have already gotten subsidized loans. Shouldn’t the education and a better chance a earning more money be enough? Do we really need to give students even more money to do something that is going to benefit them financially anyway?

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