130,000 Students Petition Congress Not To Double Interest Rates On Stafford Loans

<p>I don’t know why this concept is so difficult to address here in the U.S.
The FAIR way to assess interest on student loans is one point above prime, but you’d have to allow that to float. </p>

<p>Today, that would be 4.25% since prime is roughly 3.25 given that the fed is .25.</p>