Robinson, you probably recognize her because shes the former assistant attorney general for the office of Justice Programs both in this administration with president obama and also in the administration with president clinton. And to professor robinsons left is Police Commissioner Charles Ramsey, and to those in the district who also recognize him hes been the Police Commissioner for, i want to say, six years and was the District Police chief for eight, almost nine years and has spent time in chicago. The way we will do this today is we will have a series of a panel of experts that will provide testimony to the task force, and that testimony will then be considered by the task force as it goes into deliberations. Let me say this. For the witnesses we have today, one, thank you for being here. For the first time of the task force, were also going to have several witnesses come in through and im going to get myself in trouble because im not a tech person so i apologize ahead of time thro
Rn. She is 38 years old. Her Interest Rate is 8. 5 interest from the government. Why is the Interest Rate so high on these Student Loans . Guest it is not high relative to what they would be paying from a private lender. It is a subsidized rate. There is a new innovation in the student loan market when they with private lenders. Host linda, what is your situation . Caller my husband has Student Loans. There are so many things being said that are not true. We started out with 31,000 in Student Loan Debt after having them since 2000, we are down to 54,000. We have been making a 340 payment for the last four years and only seen our balance go up. We are on the income or tengion payment plan. To say this we are on the income retention payment plan. We are battling with a student loan provider where it says in the contingent plan, it is capped at 10 of the original loan value. They had added an added and keep trying to say that is the way it goes. After 25 years, you say the loan is forgive