Acton Institute Powerblog Archives

Post Tagged 'Stafford student loans'

Predatory … borrowers?

Yesterday I blogged about the unintended consequences of the federal government’s mandate that Stafford student loan interest rates would not double as scheduled on July 1. Organizations such as the Jubilee USA Network praised the government’s action as an act of Christian charity towards students who were oppressed and taken advantage of by unscrupulous lenders. Continue Reading...