shanty
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10 months, 3 weeks ago
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    shanty commented on the blog post Congress Passes Student Loan/Transportation Package

    2012-06-30 18:31:45View | Delete

    The student loan interest rate only benefits banks. Correct me if I am wrong, but the loans are guaranteed by the government but it is actually banks that make the loans, at no risk to themselves, and who collect the fees and the interest. So why is it a bad idea to keep the interest rates low? Do the banks need MORE money they did nothing to earn?

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    shanty became a registered member

    2012-06-30 18:29:20View | Delete