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"Inflexible lenders, limited repayment options and high rates have made private student loans a poor choice for many borrowers."
Every word of that is false based on the experience I had last week borrowing money for my daughter. And I didn't go through a Credit Union.
Of course this is coming from a democrat and of course a woman. The mommy syndrome rears it head. Who pays for this? I certainly don't want to, and why should I? Why are we trying to solve a problem that really does not exist yet? These kids(?) have a lifetime to pay off these loans. Keep the interest where it is, let ...more