Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
I would be okay if it were set to a mandatory percentage, like 2%.
It’s federally backed so the risk to lenders is incredibly low. What right do they have to charge some of these new students 9 percent interest on a loan that the government is paying them to give?
I would be okay if it were set to a mandatory percentage, like 2%.
It’s federally backed so the risk to lenders is incredibly low. What right do they have to charge some of these new students 9 percent interest on a loan that the government is paying them to give?