It is really not precisely the government who does lose cash. Warren’s refinancing expenses perform offer so you can individual college loans too. The federal government manage pick those individuals loans, and you will people will make money within a lower speed into bodies as an alternative. As individual student loan interest levels are typically higher than government loan interest levels, this will be much to own borrowers, but it addittionally implies that banking companies enjoys justification so you’re able to oppose the new scale. Continue lendo “As to the reasons discussions on college affordability usually end up being on the college student fund”