The education of our citizens is of the utmost importance for our country’s advancement. Higher education allows us to have a better Life, increased Liberty and an improved means of pursuing Happiness. Education must be valued more and made more accessible.
Student loans of all types in the USA are higher than necessary, especially in this economic environment. Current student loans in other industrialized nations, like the Netherlands, have interest rates lower than 2%. Our current rates are higher than that of mortgage rates which are averaging around 4%.
Moreover, our banking institutions can borrow from the Fed at 0.25%. It is evident that lower interest rates to our students, who can better our society, are possible. Help promote a better future for our country through education.