Comments on: Reduce the Rate http://theangryblackwoman.com/2009/04/08/reduce-the-rate/ Race, Politics, Gender, Sexuality, Anger Mon, 08 Mar 2010 22:29:38 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Nicole http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10741 Nicole Sat, 18 Apr 2009 18:02:05 +0000 http://theangryblackwoman.com/?p=625#comment-10741 Here is a link to a story about the events we participated in with Reverend Jackson last weekend: http://www.consumerwarningnetwork.com/2009/04/17/cwn-jesse-jackson-join-to-fight-predatory-student-lending/ Here is a link to a story about the events we participated in with Reverend Jackson last weekend:
http://www.consumerwarningnetwork.com/2009/04/17/cwn-jesse-jackson-join-to-fight-predatory-student-lending/

]]> By: bug_girl http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10447 bug_girl Sun, 12 Apr 2009 23:00:57 +0000 http://theangryblackwoman.com/?p=625#comment-10447 New blog layout is lovely! I definitely like these proposals--we are looking at an 8% tuition hike this fall--and that's the 3rd one in 3 years :( I'll try to help spread the word. New blog layout is lovely!
I definitely like these proposals–we are looking at an 8% tuition hike this fall–and that’s the 3rd one in 3 years :(

I’ll try to help spread the word.

]]> By: Lala http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10317 Lala Fri, 10 Apr 2009 16:44:58 +0000 http://theangryblackwoman.com/?p=625#comment-10317 There a lot of people struggling with loans...that Jesse J thing--creepy. There a lot of people struggling with loans…that Jesse J thing–creepy.

]]> By: stankerbell http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10258 stankerbell Thu, 09 Apr 2009 18:31:02 +0000 http://theangryblackwoman.com/?p=625#comment-10258 i'll be mentioned this at my school as well, with all the school budget cuts because of the economy, they've been talking about a substantial tuition hike and i know alot of other colleges have been talking about the same, it would be incredibly nice to have a 1% interest rate... i’ll be mentioned this at my school as well, with all the school budget cuts because of the economy, they’ve been talking about a substantial tuition hike and i know alot of other colleges have been talking about the same, it would be incredibly nice to have a 1% interest rate…

]]> By: Jezebella http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10249 Jezebella Thu, 09 Apr 2009 15:10:11 +0000 http://theangryblackwoman.com/?p=625#comment-10249 Amen, amen, and amen. I am dealing with a six-figure student loan (three degrees later) that just keeps getting bigger because I can't even pay the monthly interest charge on it. I've got an 8% rate because my first loan came in 1984, when that was a low rate. It's killing me. My only hope is the Income Contingent Repayment Plan, which will forgive my capital after twenty years of good behavior, or ten years of working for a non-profit. I'll be re-posting this! Amen, amen, and amen. I am dealing with a six-figure student loan (three degrees later) that just keeps getting bigger because I can’t even pay the monthly interest charge on it. I’ve got an 8% rate because my first loan came in 1984, when that was a low rate. It’s killing me. My only hope is the Income Contingent Repayment Plan, which will forgive my capital after twenty years of good behavior, or ten years of working for a non-profit. I’ll be re-posting this!

]]> By: ChloeMireille http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10248 ChloeMireille Thu, 09 Apr 2009 15:07:19 +0000 http://theangryblackwoman.com/?p=625#comment-10248 Hell, I'd be thrilled if they just went back under 5% at this point. I hate the fact that my interest is pushing 8% while mortgage rates are hovering closer to 4.75%. Even if I consolidate my loans, it's only going to push me back down to a solid 7% at best. Not to mention, I'm on a deferment period right now because family responsibilities are keeping me from obtaining a full-time job. And to think this all could have been avoided/lessened if I hadn't failed College Geometry sophomore year and lost my state scholarship. Hell, I’d be thrilled if they just went back under 5% at this point. I hate the fact that my interest is pushing 8% while mortgage rates are hovering closer to 4.75%. Even if I consolidate my loans, it’s only going to push me back down to a solid 7% at best.

Not to mention, I’m on a deferment period right now because family responsibilities are keeping me from obtaining a full-time job.

And to think this all could have been avoided/lessened if I hadn’t failed College Geometry sophomore year and lost my state scholarship.

]]> By: Stacy http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10245 Stacy Thu, 09 Apr 2009 13:06:54 +0000 http://theangryblackwoman.com/?p=625#comment-10245 As someone who has been making reduced payments on her student loan (consolidated under the feds) for almost 10 years now and watched it grow from $26,000 to $33,000...I can get behind this. In truth, I think that all education should be FREE - my one caveat to that would be that the college/university student should be required to maintain a 3.0 average. But reducing student loan interest rates (and I hope you mean for this to cover not just new loans, but also for all outstanding loans, no matter how old they may be - it looks that way on the RtR site) is a good first step. As someone who has been making reduced payments on her student loan (consolidated under the feds) for almost 10 years now and watched it grow from $26,000 to $33,000…I can get behind this.

In truth, I think that all education should be FREE – my one caveat to that would be that the college/university student should be required to maintain a 3.0 average. But reducing student loan interest rates (and I hope you mean for this to cover not just new loans, but also for all outstanding loans, no matter how old they may be – it looks that way on the RtR site) is a good first step.

]]> By: nojojojo http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10228 nojojojo Thu, 09 Apr 2009 08:50:35 +0000 http://theangryblackwoman.com/?p=625#comment-10228 Amen to this! Especially the Pell Grant thing; it's shameful how little the grants actually cover. OH! You're my new favorite blogger fyi Amen to this! Especially the Pell Grant thing; it’s shameful how little the grants actually cover.
OH! You’re my new favorite blogger fyi

]]> By: nojojojo http://theangryblackwoman.com/2009/04/08/reduce-the-rate/comment-page-1/#comment-10219 nojojojo Thu, 09 Apr 2009 05:21:34 +0000 http://theangryblackwoman.com/?p=625#comment-10219 Amen to this! Especially the Pell Grant thing; it's shameful how little the grants actually cover. Amen to this! Especially the Pell Grant thing; it’s shameful how little the grants actually cover.

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