Does Potential Congress Bill Only Affect Federal Loans?

<p>Congress intentionally tries to confuse voters on issues like this. There are multiple quotes about how much debt students graduate with, but they fail to point out that much of this debt, and virtually all of the overburdened students, comes from private lenders not covered by the pending bill.</p>

<p>It would be far better to work to educate students in high school about debt than a “feel good” bill limiting interest. Even better, force colleges to limit tuition increases and reduce administration expenses.</p>