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(Washington Post)   Hopefully by Monday your shifts at the drive-up window will double, just like your student loan rate   ( divider line
    More: Followup, Debbie Stabenow, Stafford, loan rates, interest rates  
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3030 clicks; posted to Main » on 28 Jun 2013 at 1:36 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

Voting Results (Smartest)
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2013-06-28 02:53:09 PM  
1 vote:

BetterMetalSnake: How is it that banks STILL get free money, but student loan rate doubles? How is this even an option?

It's called the Golden Rule...y'know, those with the Gold make the Rules.
2013-06-28 02:35:51 PM  
1 vote:

Frank and Beans: Scythed: In what year do you think the GOP will have alienated so many people to the point where they're no longer viable as a national political party?

I'm thinking sometime around 2025.

It's already happened.

I don't know.

The national Republican party is currently being run by their True Believers who the other 60+% of the country (including some of the remaining Republicans) find to be crazy.  The Democratic Party is not quite being run by crazies to that extent (They're idealistic or corrupt (and Republicans are also corrupt), but not crazy).

But there are plenty of moderate-ish state and local Republicans who aren't True Believers (plus the True Believers from the more rural areas and the South, which is pretty much only True Believers at this point outside of the major cities) to provide them with a national presence (albeit on state and local levels).

So IF the Republicans can show up with these sane, pragmatic moderate candidates (ie: "Taxes are bad" vs. "Taxes are a necessary evil because I like having roads and schools, so let's figure out the least harm for the most gain") and squash the True Believers, then they can effectively compete on a national level again.  The problem is that the majority of Republicans are currently True Believers, which means that moderate Republicans get beat in the primaries.
2013-06-28 02:24:18 PM  
1 vote:

Must be nice.

I've been paying 9.8% ever since Sallie Mae pulled that trickery in 2007 in which they offered to "consolidate" all your loan payments (which you made separate payments for each semesters loan, leading to missed/lost payments) as long as you agreed to the terms.

Little did anyone know, buried in the 100+ page document, you agreed to never be allowed to refinance or adjust the internet rate on your loan, and that it would be set at current private lending rates.

I was making 7-8 ~$40 payments every month, then suddenly started getting a bill for over $600.  6 years later, I've paid more in interest than the original principle of the loan.  Nice racket they've got going on.
2013-06-28 02:09:23 PM  
1 vote:

farkstorm: It will be necessary to double your income because your $103.40 loan payment for your education will skyrocket all the way up to $106.80.

$100 student loan payments?
I WISH mine were going to be that low.
2013-06-28 01:54:40 PM  
1 vote:
Please, please, please don't do this. Please.

NSA: Please send this to Congress. Thanks.
2013-06-28 01:48:11 PM  
1 vote:
Glad my loan is paid off. Not having to deal with it any more makes me happy. Now the wife is making noises about renovations... ugh.
2013-06-28 01:42:07 PM  
1 vote:
In what year do you think the GOP will have alienated so many people to the point where they're no longer viable as a national political party?

I'm thinking sometime around 2025.
2013-06-28 01:40:01 PM  
1 vote:
Seriously, what the fark is wrong with this congress.  They can't agree on anything and they can't get anything done on time.  Its downright depressing.
2013-06-28 01:38:30 PM  
1 vote:
Pfft, poor people problems.
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