Reduce interest rates on student loans to 1% or eliminate the interest on student loans. Interest rates of 7% or higher in some cases are saddling graduating student with enormous debt that will take years or decades to pay off. Student loan debt cannot be discharged thru bankruptcy or other means and students, parents, co-signers are required to repay these loans. Therefor it makes fiscal sense for the interest rates to be reduced to an acceptable level.



