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#Commerce Bank and Trust (804435) - Topeka, Kansas 785-267-8724. Private, Stafford & PLUS Loans#iStudent Loan Education Financing Program Private Student Loans, Alternative Loan, Student Loan Consolidation#MBNA America (833772) - Wilmington, DE. 888-272-5543. (Stafford, PLUS)More: http://nandotop.blogspot.com/index.html?keywords='NandoTop'
#Commerce Bank and Trust (804435) - Topeka, Kansas 785-267-8724. Private, Stafford & PLUS Loans#iStudent Loan Education Financing Program Private Student Loans, Alternative Loan, Student Loan Consolidation#MBNA America (833772) - Wilmington, DE. 888-272-5543. (Stafford, PLUS)More: http://nandotop.blogspot.com/index.html?keywords='NandoTop'
How banks rip off college students and the government. If the government can borrow money at 3 percent or 4 percent, why should it be paying 7 percent or 8 percent for the privilege of guaranteeing loans to someone else? Wouldn't it make more sense for the government to loan out the money itself?That is the $4 billion question.
"It’s four times as expensive for the government to subsidize and guarantee private loans as for it to issue those loans itself. In other words, the current system is not just corrupt. It’s also inefficient. So why are we stuck with it?"
In the United States, federal student loans are consolidated somewhat differently, as federal student loans are guaranteed by the U.S. government.
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