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tehllama
Apr 30, 2009

Hook, swing.

Veskit posted:

Get a subsidized student loan! Or get a loan in a market that needs to have its demand increased. A good example was the beginning of the housing market in which we needed to get more americans into homes, so we did so by decreasing the loan rate and increasing the money supply. Though because there was no inflation something had to go up, which ended up being housing prices.

The direct subsidized loan rate has crept up to 4.3% for the upcoming year and only applies to first time post-secondary students. Graduate students can only take unsubsidized loans (5.84%) up to I think 40k a year and beyond that have to take Grad PLUS loans (6.3%)

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