- United States
- Letter
Student loan interest rate reform
To: V.P. Harris
From: A constituent in Apex, NC
October 21, 2024
Regarding student loans, looking ahead, I feel the administration should focus on interest rate reform vs loan forgiveness. Companies should not get rich ars to pay them off but it was do-able b/c the interest rate was 1%-3%. I also feel we need reform on credit card interest. Rates in the 20+ to 30% range are criminal. I don't have any debt other than my mortgage but as the Mom, I worry how our kids have a chance to even get started. off of student loan interest rates (loan sharking on the backs of young people should be outlawed!) I took significant loans to pay my own way and 25 ye