FAIR MONEY

Face to Face with Inequality

Give students the same interest rates on loans as the big banks

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There is an Elizabeth Warren sponsored petition winding its way through MoveOn.org aimed at putting pressure on congress to reduce the interest rate on student loans.

While reducing the interest rate would help with short term problems related to student loans, it doesn’t broach the broader question of why higher education in the United States is organized in such a way to require taking on so much debt. It will take more than a petition to force that question front and center.

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