It is very sad that students have no way as to take out loans for getting an appropriate education because it costs too much for them. The student debt is huge indeed but will it be the decision of this problem to double interest rates? I think that our lawmakers should first of all help young people to make repayments instead of preventing that. They should remember that poor students also apply for small loans to pay for different commodities when studying at universities. Being a student I apply for loans at http://northenloans.ca/alberta-payday-loan… simply because I live in Alberta. Having also a student loan I must repay extra money for library books and different facilities. If the interest rates are doubled what should I do then? I will definitely not be able to repay all that money. It is very pity.
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