Sen. Elizabeth Warren Wants Student Loans to Get Fed Discount Rate

[CAF Note: The big banks can borrow at 0.75%, but students have to pay 6%+. Why is that? It is called reverse Robin Hood. Debase and drain the young people, give to the rich.]

By Jim Puzzanghera

Students taking out government loans to help pay for college should pay the same rock-bottom interest rate that the Federal Reserve charges big banks, Sen. Elizabeth Warren (D-Mass.) proposed Wednesday.

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