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.