The cost of getting a college education has gone up WAY faster than the 'cost of living', and most of today's graduates, (AND non-graduates) are saddled with cripping debt that keeps them from buying homes, cars and other products that power our capitalistic society, Other debts, esp those of businesses, mortgages, banks themselves and private equity can be RE-financed, at a lower interest rate. BUT, because of Repub opposition in Congress, the students can't refinance their govt student loans, many of which were taken out at very high interest (8-12%), compared to today's rates. So why don't the Pubs want to help the struggling young people? Cuz they want the Big Money banks to get the profits, on the backs of our youth. It's that simple. The Big Banks(R) have MANY well paid lobbyists and the students don't, SO, the Repubs continue to fight any reform that would help the former students AND the general economy at the same time. Don't believe me, cuz it sounds SO rotten? Look it up. Just another reason that I can't stand the party that kills the middle class, while fooling the sheep into thinking they're on their side, with ongoing lies from Bullshit Mountain.
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