S.T.A.G.E. said:
AnthonyW86 said:
Yeah though it's mostly the interest rates that scared the crap out of me. Between 5%-7%? That's absolutely criminal. Here(the Netherlands) the interest rates you pay on student loans are lower then the rates you get on a savings account, and get adjusted on a regular basis. I used to pay about 1,2% but now that the rate on state bonds that the government have to pay are still at an all time low, and with the ECB printing money, i currently pay 0,05%. And no that's not a typo.
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I am currently paying back student loans. There is jealousy on my face right now.
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This is interesting... If Sanders does get in and bring in free college what about all the folks who have these student loans?
Last figure i heard was 1.3 trill in student loans outstanding.How pissed off will the folks with 50k student debt be if the next students don't pay a dime? I am curious to see the outcome.