The very first would take away the interest cap on all loans that are graduate PLUS moms and dad loans.

Background The federal government lends money directly to students and their parents to help finance postsecondary education through the William D. Ford Federal Direct Loan Program. The attention prices on brand new figuratively speaking are indexed yearly towards the 10-year Treasury note rate. The interest rate is the 10-year Treasury note rate plus 2.05 percentage points, with a cap of 8.25...
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