You're talking about interest rates that are essentially credit card rates. You don't stand a chance of paying that back.
Bruce Caplin
For those students who still have unmet needs and families who can't afford to contribute, the Perkins Loans fill in the gap.
students families
The Perkins Loan is the best student loan available.
student
Congress is going to hear from student loan professionals at the school because they're the closest to the fight. Certainly members of Congress will listen to them, but the folks they will listen to the most are students who are Perkins Loans borrowers.
school fight listen hear student students congress
chance talking stand interest credit
In the big scheme of things, Perkins (Loans).. Pack a big punch.
things big
So that would be at most 00, while the average Perkins loan is,000. When you do the math, the net loss to students (in federal aid each year) would be at least,500.
loss math students aid
Folks are trying to do away with it because they want the money for deficit reduction.
money
It's not a matter of affordability. It's a matter of access. If this program goes away, that will deny access to tens of thousands of students.
matter students
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