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Ten years will now get associated with student loans. and as we ve seen over the last three days, there s been an explosion in the bond market. we have interest rates that are going to start going higher. and in fact, in the next two or three years, most analysts agree and i do too, that we ll see long-term interest rates 5, 6%, and that gets added on to the 3 or 4% this bill is proposing. there could be a point down the road that students will be absolutely swimming, unable to pay back any of this debt, with 6, 7, 8, 9% interest rates on these loans. let me allow senator elizabeth warren speaking on june 6th to underline the point that both of y all made. both, that there is this proposal that s going the tie student loan interest rates to these variable rates, making them basically balloon mortgages for young people. but also that it s big business for the banks. let s listen to senator warren. some have argued that we can t afford to keep interest rates low. but let s be clear. ....
We also need more people and more people paying more into it. but this is, in fact, part of the solution. but talking about that would underscore the fact that we are in this together. which is really at the crux of this immigration debate. another way in which you see this is the struggle over health care for immigrant. and i say this, i m a proud naturalized u.s. citizen, i m an immigrant to this country and a daughter of an immigration lawyer. this is an issue very dear to my heart. let s say you re not talking about the human rights disaster that is our current immigration state. let s say you re just talking brass tacks and you said you re talking about the money. the way that health insurance works, young, healthy, enterprising immigrants buying into a system. we need them in there. and instead they want to force them into emergency rooms. that s right. we need them in. and but we re not talking about immigrants like you. coming up later in the program, as time is running o ....
thank you, heather. congress might let student loan interest rates double on july 1st. it turns out us the taxpayers have been shipping millions of dollars to help government employees pay down their debt. diane macedo has more for us. good morning ainsley. for more than a decade taxpayers have been shelling out millions to pay off federal worker student debt to help government recruiting. the most recent data shows they spent $72 million to pay down student loans. with so many other government programs getting dialled back and considering raising the rates many think this one program should be next in line especially for prestigious positions like professional staffers that have no shortage of applicants. since they started being included in the program in 2003 the office of personnel management records show it has ....
Girl. in new york, cristina corbin, fox news. shannon: student loan interest rates set to double next month. republicans and democrats want to avoid any increase but they can t agree on how to do that. what is a student to do? we ll ask our next guest. ounce] research suggests cell health plays a key role throughout our lives. one a day men s 50+ is a complete multivitamin designed for men s health concerns as we age. it has 7 antioxidants to support cell health. one a day men s 50+. ....
About affirmative action? you get the concept. there s a need for something new and smart that can guide america. i, for one, am ready for something new. and now to someone who is brand new every day. yes, sir. martin bashir. govern. it s friday may the 31st. and come on, speaker boehner. you know you want to. and the president is showing you how to do it. smile. if this sounds like deja vu all over again. an issue that there is is no fight over. we ve been fighting our way back from a financial crisis. let s be honest, we re broke. higher education cannot be a luxury for a privileged few. shop around. compare tuition. the surest path to the middle class is some form of higher education. nobody wants to see student loan interest rates go up. part of my task is to look for those republicans who don t think the compromise is a dirty word. ....