Birdwatch Note Rating
2025-07-06 03:20:58 UTC - HELPFUL
Rated by Participant: 98199E99A8D7037240383318492A52AE67600271AB62CDB70912294DB69403B5
Participant Details
Original Note:
OBBB caps only the Grad PLUS loan program, not private student loans. This change could “force students to rely on private loans with less favorable terms” leading to higher costs & interest rates PLUS loan interest is fixed at 8.94% & private rates can go up to 16.24% https://www.the-independent.com/news/world/americas/us-politics/big-beautiful-bill-grad-student-loans-b2782291.html https://www.salliemae.com/blog/what-is-a-graduate-plus-loan/ https://educationdata.org/average-student-loan-interest-rate
All Note Details