Indiana

Education, From The Capitol To The Classroom

Are Lower Interest Rates The Answer To Student Loan Debt?

    This is pretty wonky, but stay with us: the conversation surrounding student debt is growing as a number of presidential hopefuls are rolling out their plans for dealing with what many see as a national crisis. One main point of the most recent plan – Hillary Clinton’s – involves lowering interest rates to help people who are already out of college pay down their loans. But as NPR’s Danielle Kurtzleben explains, the problem is that this sort of proposal may not aid the borrowers who need the most help.

    Everyone knows student debt is growing. College costs are growing. Student debt delinquencies are rising. And now Hillary Clinton has her own plan for how to stem that tide of financial problems for college graduates. On Monday, Clinton released a package of ideas aimed at helping Americans handle their college debt, which currently totals around $1.2 trillion.

    Read more at: www.npr.org

    About StateImpact

    StateImpact seeks to inform and engage local communities with broadcast and online news focused on how state government decisions affect your lives.
    Learn More »

    Economy
    Education