It’s the interest, stupid. 

Do you remember political consultant James Carville’s famous line during the 1992 presidential campaign? “It’s the economy, stupid,” Carville suppos­edly observed. That eloquently simple remark became Bill Clinton’s distilled campaign message and helped propel him into the presidency.  Something similar might be said about the student-loan crisis. “It’s the in­terest, stupid.” In fact, for many […]

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