Private Student Loans
Witnesses testified on the $150 billion in debt generated by the private student loan market and the likely effect of scheduled hikes in edu… read more
Witnesses testified on the $150 billion in debt generated by the private student loan market and the likely effect of scheduled hikes in education loan rates. Senator Tim Johnson (D-SD) presided over the discussion. Government regulators testified that a hike in federal student loan interest rates could affect future borrowers and increase the attractiveness of private financial products. close
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