@return2ozma@lemmy.world to News@lemmy.world • 11 months ago62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.orgexternal-linkmessage-square169fedilinkarrow-up1467arrow-down125
arrow-up1442arrow-down1external-link62% of Student Loan Borrowers Say They're Likely to Boycott Repaymentswww.commondreams.org@return2ozma@lemmy.world to News@lemmy.world • 11 months agomessage-square169fedilink
minus-square@Kage520@lemmy.worldlinkfedilink3•11 months agoI think those predatory rates are private lenders, but those are still given the same protections to make you pay no matter what as far as I am aware.
minus-square@Sl00k@programming.devlinkfedilink2•11 months agoYes my 12% is a federal loan. Not sure on the 16.
minus-square@singron@lemmy.worldlinkfedilink1•11 months agoYou can look up historical interest rates for federal loans. They have never been that high. https://studentaid.gov/understand-aid/types/loans/interest-rates#older-rates
12 and 16% from federal student loans?
I think those predatory rates are private lenders, but those are still given the same protections to make you pay no matter what as far as I am aware.
Yes my 12% is a federal loan. Not sure on the 16.
You can look up historical interest rates for federal loans. They have never been that high. https://studentaid.gov/understand-aid/types/loans/interest-rates#older-rates