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Cap total interest on student loans to 100% of original principal. Payments then count totally toward principal repaym

Created by M.B. on June 17, 2013

Regardless of what interest is agreed to by Congress, total interest on student loans should never exceed 100% of the oribinal principal. e.g. a $60,000 loan will never amortize beyond a total repayment of $ 120,000.

Economy & Jobs
Education
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