Why Senator Warren’s Student Loan Proposal Doesn’t Add Up
Economy / Education / Fiscal policy / Uncategorized

Why Senator Warren’s Student Loan Proposal Doesn’t Add Up

Last week, Senator Elizabeth Warren (D-Mass) unveiled her first piece of legislation on the Senate floor — a proposal to allow students to borrow at the same rates as banks. While this move galvanizes the populist movement, the economics behind it does not quite add up. The interest rate on direct subsidized loans for undergrads … Continue reading