Forbes, June 30, 2012, Saturday
Forbes
June 30, 2012, Saturday
Forbes (full article)
Student Loan Rates To Remain Low, For Now
Doubling the subsidized rate could also have discouraged students from seeking federal aid or pushed many toward cheaper public institutions or two-year community colleges, said Ronald Ehrenberg, director of the Cornell Higher Education Research Institute and a professor of labor relations and economics. In the immediate future, Ehrenberg said maintaining low interest rates will help students leave school with lower debt, which will give them more freedom to consider occupations for reasons other than salaries.
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