Now that's completely flipped. Student is paying 75%, state is paying 25%. I believe we should cap student loans at 2.5%. We have students who are taking out loans for 10, 11, 12% interest. and they're living under that debt for the rest of their lives. I think that, you know, going to school is different than building a deck on your house. (47:23–47:39)
CLAIM
Asserts that some students are taking out loans with interest rates as high as 10-12%.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
