Comments on: Congress Raises Student Loan Interest Rates http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: FMF http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1379 FMF Fri, 23 Dec 2005 22:10:05 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1379 No matter the increased cost, your advanced degree (if selected correctly) will still be well worth it because of the increased earning power it will generate. No matter the increased cost, your advanced degree (if selected correctly) will still be well worth it because of the increased earning power it will generate.

]]> By: jim http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1378 jim Fri, 23 Dec 2005 20:36:18 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1378 The lack of engineers is not the fault of the US government, it's the fault of US companies and a child of the capitalist society we live in. Interest rates on loans of practically all kinds are at historic lows these last few years and the last few years is where we've seen the major slowdown in graduating engineers, so it's not the loans. The lack of engineers is not the fault of the US government, it’s the fault of US companies and a child of the capitalist society we live in. Interest rates on loans of practically all kinds are at historic lows these last few years and the last few years is where we’ve seen the major slowdown in graduating engineers, so it’s not the loans.

]]> By: Flexo http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1377 Flexo Fri, 23 Dec 2005 16:57:40 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1377 As I <a href="http://www.consumerismcommentary.com/2005/04/25/student_loan_consolidation" rel="nofollow">found out</a> <a href="http://www.consumerismcommentary.com/index.php?page=archives/2005/06/20/time_to_consolidate" rel="nofollow">this year</a>, if a loan is still being disbursed, it is ineligible for consolidation. As I found out this year, if a loan is still being disbursed, it is ineligible for consolidation.

]]> By: guyincognito http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1376 guyincognito Fri, 23 Dec 2005 16:37:51 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1376 Most lenders will now allow you to consolidate early, before the new interest rates go into effect. In this way you can lock in your rate before the new rates kick in. Most lenders will now allow you to consolidate early, before the new interest rates go into effect. In this way you can lock in your rate before the new rates kick in.

]]> By: Flexo http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1375 Flexo Fri, 23 Dec 2005 09:09:19 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1375 Retire, I agree. It doesn't bode well for the United States in the first half of the 21st century. Perhaps 2006 will be the year I learn to speak Mandarin (but I doubt it). Retire, I agree. It doesn’t bode well for the United States in the first half of the 21st century. Perhaps 2006 will be the year I learn to speak Mandarin (but I doubt it).

]]> By: Retireat30 http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1374 Retireat30 Fri, 23 Dec 2005 08:14:36 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1374 This is a yet another great example of how america is going to lose our competitive edge in the years to come. We go to war - short term boost to economy, no fundamental boost to national productivity. War + net tax cuts causes budget shortage. Budget shortage aliveated by cutting funding to education, the small business administration, etc. China continues graduating more engineers than us. China becomes dominant economy, USA now an also ran in history. I don't like this one little bit. This is a yet another great example of how america is going to lose our competitive edge in the years to come.

We go to war – short term boost to economy, no fundamental boost to national productivity.

War + net tax cuts causes budget shortage.

Budget shortage aliveated by cutting funding to education, the small business administration, etc.

China continues graduating more engineers than us.

China becomes dominant economy, USA now an also ran in history. I don’t like this one little bit.

]]> By: Matt Hartrich - Buffalo, NY http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1373 Matt Hartrich - Buffalo, NY Fri, 23 Dec 2005 07:40:16 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1373 Consolidate your student loan rates now! Consolidate your student loan rates now!

]]> By: Flexo http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1372 Flexo Fri, 23 Dec 2005 01:36:08 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1372 That would make sense -- but this was the first I've heard of the specific rates. That would make sense — but this was the first I’ve heard of the specific rates.

]]> By: jim http://www.consumerismcommentary.com/2005/12/22/congress-raises-student-loan-interest-rates/#comment-1371 jim Fri, 23 Dec 2005 01:20:52 +0000 http://wp.consumerismcommentary.com/?p=717#comment-1371 I was under the impression the interest rates were going to be raised anyway. I was under the impression the interest rates were going to be raised anyway.

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