Originally Posted by houghtam
They'll also be paying .75% interest rate on their loans...the same as the big banks...if Elizabeth Warren gets this bill through.
Which would be awesome, too bad it is only for one year. That would help out a lot, but I don't know if this will have anything to do with people who have Stafford Loans that are already out and being paid on. The Department of Education serviced my loan to someone else, and although I have my payment automatically debited out of my checking each month, I lost the discounted rate I had prior because of doing that. It's really B.S.