Saturday, October 21, 2017

Student Loan Interest Rates to Increase by Nearly 20%

Student Loan Interest Rates to Increase by Nearly 20%

As of the new 2017-2018 school year, interest rates for student loans will be increasing—in some instances—by up to 20%, amounting to a price hike to the tune of hundreds of dollars for each new borrower. With Americans already .4 trillion in debt due to student loans, this will surely harm not just the new borrowers, but the aggregate economy as well.


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The Humanist Report (THR) is a progressive political podcast that discusses and analyzes current news events and pressing political issues. Our analyses are guided by humanism and political progressivism. Each news story we cover is supplemented with thought-provoking, fact-based commentary that aims for the highest level of objectivity.
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