Education / Schools, Federal Government, Money, Politics, Quote of the Day, Student Loans

Law Professor Decides It’s Time To Stop Ripping Students Off

This should be a no-brainer.

— President Barack Obama, who once profited from ridiculous tuition rates, after signing a memorandum expanding a program to cap student loan repayments at no more than 10 percent of what borrowers actually earn in the workplace. The President’s comment was directed at a related bill in Congress to allow student borrowers to refinance their loans at lower rates.

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