establish a reasonable maximum interest rate for student loans.

In an effort to be eligible for a decent paying job, many American have attended or are currently attending university. With the current tuition costs, it is almost impossible to pay for this without taking out student loans. However, many lenders raise the interest rates to such exorbitant levels that many of their customers will never be able to pay them off. Many of us will be making payments until we die. We want interest rates on student loans to be capped so that we can pay off our loans and pay our living expenses at the same time.