So we have to figure out a way to first. Right now we're part of a, I'm part of a small group of senators. The federal government charges you 8% on that interest for the [student] loan. You can go get a mortgage at 4. Yeah, we should lower it to 1 or 1 and a half. And that would save your friend tens of thousands of dollars over the next decade or two of her life. (03:29–03:37)
CLAIM
Asserts that federal student loan interest rates are higher than mortgage rates.
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