But on a national level, Republicans don't seem to give a rats-ass about how much students end up pay for their student loans, if they're adding to big bank profits. Rachel Maddow points out how Republicans are unsuited for policy right now:
EdWeek: Unless lawmakers act by July 1, interest rates on subsidized Stafford loans, available to those demonstrating financial need, will double from 3.4 percent to 6.8 percent. The same scenarioplayed out last summer, and students were able to persuade Congress to keep rates low—but just for one year.
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