Letter: Graduate students pay high loan rates

Gan Golan protests the rates of interest on

Gan Golan protests the rates of interest on student loans in Washington D.C. Photo Credit: AP, 2011

advertisement | advertise on newsday

Although it’s great to see outrage over the possibility of undergraduate student loan rates rising from 3.4 percent to 6.8 percent, I do not see any attention given to graduate students, who have long paid nearly 7 percent on federal loans.

advertisement | advertise on newsday

It is shameful for me to see those who strive for the highest level of education forced to pay these kinds of rates. The government should realize that it needs to create incentives for education rather than punishing students with unbearable loan debt.

Evan Smith, West Islip


Newsday.com now uses Facebook for our comment boards. Please read our guidelines and connect your Facebook account to comment.

You also may be interested in: