@return2ozma to News • 2 years ago62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.orgexternal-linkmessage-square122arrow-up1468arrow-down125cross-posted to: workreform
arrow-up1443arrow-down1external-link62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.org@return2ozma to News • 2 years agomessage-square122cross-posted to: workreform
minus-square@Kage520link3•2 years agoI think those predatory rates are private lenders, but those are still given the same protections to make you pay no matter what as far as I am aware.
minus-square@[email protected]linkfedilink2•2 years agoYes my 12% is a federal loan. Not sure on the 16.
minus-square@singronlink1•2 years agoYou can look up historical interest rates for federal loans. They have never been that high. https://studentaid.gov/understand-aid/types/loans/interest-rates#older-rates
12 and 16% from federal student loans?
I think those predatory rates are private lenders, but those are still given the same protections to make you pay no matter what as far as I am aware.
Yes my 12% is a federal loan. Not sure on the 16.
You can look up historical interest rates for federal loans. They have never been that high. https://studentaid.gov/understand-aid/types/loans/interest-rates#older-rates