Elizabeth Warren is right: students should get at least as good a deal as the banks we bail out, not interest rates 9 times as steep. Support the Bank On Student Loan Fairness Act and stop giving law-breaking banks preferential treatment over hard-working students.
Why is this important?
We've all heard the stories or lived the hardship ourselves: young Americans trying to move our economy and country forward, but being saddled with so much student loan debt it's nearly impossible.
Now, if Congress doesn't act, our already-too-high student loan rate of 3.4% is about to *double* to 6.8% - while banks keep their sweet 0.75% deal. ENOUGH.
Students deserve the same preferential interest rates that the Big Banks get.
Let's get this done.
