People can refinance home loans. Businesses can refinance business loans. Banks are borrowing money from the government at zero interest. The US government is making a large profit from the high interest rates for student loans. By executive action direct the Education Department to create a program that would make possible the refinancing of student loans at much lower interest rates. If banks can borrow at zero interest and profit off that money, why not allow students borrow at the same rate. This simple action will make access to higher education easier, expand the middle class and stimulate the economy.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
