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On Student Loans, Accounting Gimmicks, Electric Cars, FX and a note on SS

Student Loan Battle There was a big fight in D.C. this past week over student loans. The issue is a scheduled increase in interest on new student loans from 3.4% to 6.4% set for July 1. Clearly this is a dumb plan. I don’t see any political opposition to the idea that the summer of 2012 is a horrible time to double the cost of student loans. It will shock no one that the ‘solutions’ being put forward by the politicos are the same ones they propose for every other problem.
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Republicans Prioritize Tax Loophole For The Wealthy Over Stopping Student Loan Interest Rate Hike

US Politics / Liberal : Think Progress (2 years ago)

The Senate today will vote on a Democratic plan to prevent a scheduled increase in the interest rate on federal student loans. The bill proposes extending the current rate on student loans, and paying for the extension by closing a ... Read Post

Student Loan Interest Rate Deal Doesn’t Prevent Other Loan Costs From Going Up

US Politics / Liberal : Think Progress (2 years ago)

Senate and House leaders announced this week that they have a tentative deal to prevent an increase in federal student loan interest rates that is scheduled to occur on July 1st. If Congress does indeed come to an accord, students w... Read Post

Congress Is Preparing Another Worthless Temporary Compromise On Student Loans

Politics : Business Insider: Politix (2 years ago)

There was a big fight in D.C. this past week over student loans. The issue is a scheduled increase in interest on new student loans from 3.4% to 6.4% set for July 1. Clearly this is a dumb plan. I don’t see any political opposition ... Read Post


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