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A comment on U.S. Stepping Up Enforcement on Delinquent Student Loans. Parent comment
The rates used to be very low. They are no longer very low. Lower than 16% yes, but 9% is not uncommon.
The much-higher-than-inflation rate turns a languishing undischragable loan into a debilitating time-bomb.
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The rates used to be very low. They are no longer very low. Lower than 16% yes, but 9% is not uncommon.
The much-higher-than-inflation rate turns a languishing undischragable loan into a debilitating time-bomb.