Elizabeth Warren: Students Should Pay What Bankers Pay
May 10, 2013 | TheYoungTurks
"Senator Elizabeth Warren (D-MA) has just introduced a new bill, the
Bank on Students Loan Fairness Act, to offer student loans at the same
rates that the Federal Reserve charges big banks through its discount
window lending program. At the moment, that rate is about 0.75%. The
rates on federally guaranteed student loans, meanwhile, is set to double
to 6.8% this summer."* more..