This is my first thread in political. I'm not sure it is healthy to start posting here but...
Saw an article about Bernie Sanders talking about interests rates, mostly comparing student debt to mortgage debt and questioning why student interest rates are higher.
Surely he knows that mortgages are backed by the property, which makes them less risky? I'm aware that a good portion of student loans are backed by good faith of the US government, but FHA loans are as well. Why does it make sense for him to make this comparison? Solely out of the hope that he will receive a lot of votes from those holding student debt?
http://ift.tt/1PouLF4
-Riley
Saw an article about Bernie Sanders talking about interests rates, mostly comparing student debt to mortgage debt and questioning why student interest rates are higher.
Surely he knows that mortgages are backed by the property, which makes them less risky? I'm aware that a good portion of student loans are backed by good faith of the US government, but FHA loans are as well. Why does it make sense for him to make this comparison? Solely out of the hope that he will receive a lot of votes from those holding student debt?
http://ift.tt/1PouLF4
-Riley
Student Loan Rates > Home Loan Rates