tag:blogger.com,1999:blog-13824647.post4712195049056298232..comments2024-03-26T01:02:44.010-07:00Comments on The Narrow Bridge: Student Aid RenovationAnyahttp://www.blogger.com/profile/17251949534479867675noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13824647.post-58165786112451451822007-06-21T10:38:00.000-07:002007-06-21T10:38:00.000-07:00all I know is that I am finished grad school and h...all I know is that I am finished grad school and have my consolidation in order. While I have pretty big loans, I also have about 50k at less that 3% interest. That is cheap money - no complaints from me for that.<BR/><BR/>The 9.75 rate I'm paying on some private loans is a different issue . . . My credit card is better than that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13824647.post-78911861390420323012007-06-21T08:02:00.000-07:002007-06-21T08:02:00.000-07:00I agree with JDM. 15% and 25 years seem way too h...I agree with JDM. 15% and 25 years seem way too high, although I guess it's a step in the right direction.<BR/><BR/>Also, correct me if I'm wrong, but doesn't this deal still allow lenders to keep their obscene profits? For example, it seems like we'll be taking away the $19 billion in subsidies but then giving it right back to lenders to cover any student debt that is over 15% of their salaries or is still left on their balances after 25 years. is this a bogus deal?Anonymousnoreply@blogger.com