Is federal education loan rates of interest too high?
Education loan rates of interest are into the news once again. President Obama touched into interest rates within his County out of the fresh Union address within the . This time around individuals appears to be on-board and make a transform. Even though, when you look at the most recent financial seasons () undergraduate youngsters was investing step 3.4% for the unsubsidized financing as well as the authorities try paying step 3.4% into the paid loans (given that student is actually college), the news mass media was ignoring the point that graduate students possess come purchasing 6.8% to the unsubsidized loans most of the together.