A compromise on student loans that Sen. Joe Manchin helped craft apparently will be approved this week in the U.S. Senate....
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If BANKS can borrow money from the federal reserve at .75% interest why shouldn't college students be able to do the same? Get the banking industry out of the student loan business and just let students borrow from the federal government just cut out the middle man.
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Student loan rates have been 8+% interest in the past! Does Congress not have anything better to do?
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