Comment

Warren's Proposal: Offer College Students the Same Interest Rates as Banks

7
KingKenrod5/08/2013 7:12:18 pm PDT

re: #5 EPR-radar

This is a good question, and will need to be addressed if this idea gets off the ground.

However, why should the big banks get loans at so much less than the going rate?

Those loans are for emergencies, their purpose is to provide systemic stability. Banks can loan money to each other at better rates than the Fed provides.