Why Lowering Rates Of Interest Won’t Fix the Student-Debt Problem

One researcher contends that bringing down offering and tuition funds would help a lot more people earn a diploma.

Students and faculty protest in Sacramento, Ca. As states have curbed funding for advanced schooling, more pupils have applied for loans to cover university.

Reducing rates of interest on figuratively speaking will never do much to lower defaults or encourage more young adults to make university levels, based on a brand new analysis by the Brookings organization.

Year the fact that cutting interest rates is being touted by Hillary Clinton, Senator Elizabeth Warren, and others in recent months isn’t exactly surprising in an election. Continue reading →