Fresh bid to cut interest on Helb loans ill-advised

Helb chief executive Charles Ringera. FILE PHOTO | JEFF ANGOTE | NMG

The renewed push to lower interest charged on State student loans to 3.0 percent from 4.0 percent is an ill-advised populism.

Lawmakers are for the third time attempting to amend the Higher Education Loans Board Act (1995) to waive interest on loans for graduates and people living with disability until they secure jobs.

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