It’s actually the conservative idea to keep interest rates high, so the banks can profit, while the taxpayers take all the risk..It’s the progressives who want to lend directly to the students at a lower interest rate, ‘long as we’re taking the risk. But no, conservatives like the middlemen, their fat-cat bankers.
It’s actually the conservative idea to keep interest rates high, so the banks can profit, while the taxpayers take all the risk..It’s the progressives who want to lend directly to the students at a lower interest rate, ‘long as we’re taking the risk. But no, conservatives like the middlemen, their fat-cat bankers.