Stop Capitalizing Studen Loan Interest
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1. The US Department of Education (DOE) should stop capitalizing student loan interst into the student loan principal; (and/or)
2. Offer very low rate interest loans (1-3%) at simply interest only; (and/or)
3. Expand their loan forgiveness program to include more medical issues and more vocations; (and/or)
4. Declare a moritorium on current student loan capitalization of interest; (and/or)
5. Retroactively adjust previously capitalized student loans to reflect simple interest balances.
Additional ideas welcome.
Sponsor
catherinedodd1@hotmail.com
Links
http://education.change.org/blog/view/trapped_by_student_loan_debt_a_family_loses_their_home
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