Quote from Jgills:
For all arguing about government passing bills to keep student loan rates "low" or "high", keeping general rates low, etc...
I am a recent graduate, i graduated last june. so you have an idea, my student loans weighted avg rate is 6.5%
This is an accumulation of loans from 2008,2009,2010 and 2011. I dont know where you're finding your data or statistics, but student loan rates have been at those levels for years. The highest interest rate on one of my loans is 7.00%
Keep in mind, these are all government backed loans.
sorry for my terrible grammar and sentence structure, im a little out of it right now.
Why did you vote for Obama?
