• Petitioned Congress

This petition was delivered to:

Congress

Subsidize student loan interest, again

    1. David Pai
    2. Petition by

      David Pai

      San Francisco, CA

Unsubsidized interest on federal student loans mean that college and graduate students end up paying a lot more in interest because the interest accrues while you are in school and is amortized to the principal during the repayment period. In other words, you borrow $10,000 for school, but after graduation, that amount becomes somewhere north of $15,000 before you are even obligated to repay.

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