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Jgills
Registered: Aug 2011
Posts: 223 |
04-28-12 06:18 PM
Quote from tdadlani:
This generation is struggling. Not only are they unable to get jobs when they graduate, they have mountains of debt to pay as well. Government is also trying to pass a law to increase student loan rates to 6.8%.
t.
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.
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Grandluxe
Registered: Aug 2006
Posts: 2459 |
05-01-12 12:45 AM
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?
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Jgills
Registered: Aug 2011
Posts: 223 |
05-01-12 12:55 AM
Quote from Grandluxe:
Why did you vote for Obama?
Unfortunately, i didn't vote. I went to school in Hawaii and didn't transfer my voting right over from NY, or whatever the proper terminology is.
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dumb_mother
Registered: Sep 2007
Posts: 746 |
05-01-12 01:44 AM
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.
the only loans they are going to help out are the stafford (sp?) loans that are subsidized for poor people. i feel bad for all the people who didn't get a real major in school- i'm telling my little brother to do engineering, physics, chemistry or math.
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Jgills
Registered: Aug 2011
Posts: 223 |
05-01-12 01:50 AM
Quote from dumb_mother:
the only loans they are going to help out are the stafford (sp?) loans that are subsidized for poor people. i feel bad for all the people who didn't get a real major in school- i'm telling my little brother to do engineering, physics, chemistry or math.
from my understanding everyone has access to stafford loans. There are limits on the amount you can take for both the subsidized and unsubsidized. i believe the limits are $2500 each, i can check my loans, but i don't think its that important. i don't necessarily think stafford loans are only for "poor" people, but either way, consider me poor if you would like- lol
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