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#42:

Student loan interest limits

Student Loan Debt shall never exceed fees and interest that combines to exceed more than 3% for on time payers, and no more than 3.9% for those in default, collectively, including and factoring in, all fees and penalties, starting from this point forward.

What do you think?

Is it fair that some people with student loans only pay 1% or 2% or 3%, while other people with student loans pay 7%, 8%, and 9%, and likely higher?

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