Showing 1 ideas for tag "interest capitalization"


Reduce burden of private student loans

I suggest an interest holiday, or a switch to monthly compound interest rather than daily, on private student loans which are subject to regulation by the federal government. I also suggest repeal of the 2005 provision which made private student loans non-dischargeable in bankruptcy. The reduced debt loads will encourage aspiring entrepreneurs to take more risks.

Likely entrepreneurs are often young, educated professionals... more »


5 votes