re: #400 SixDegrees

re: #398 freetoken

No, you are both incorrect.

The point of the bill is that loan rates would be kept lower for the student because they would not be charged at the same rates as the lenders, and that since the fed would not be obligated to pay the interest on the loans it gave to itself - as it must to the lenders, under the subsidized system we have now, a great deal of money would be saved.