Honest question here, but what’s the motivation for cutting the student loan interest rate?
I know when I was young there was a belief that the investment made in education was worthwhile because it typically increased your lifetime earning potential by much more than the cost of the higher education.
Also, last I checked the interest rates on student loans weren’t bad at all. Cutting them at half would put them below market (actually, below cost?). So again, why should that happen?
