Give a man a fish and you feed him for a day. Teach a man to fish and your stock will be depleted. Then, you’ll starve.
I read a fair amount of mainstream media. It tends to piss me off but I need to keep up with what my culture takes for “news”. Basically, I’m cool with not recognizing Justin Bieber but not Ben Bernanke. In my readings I’ve noticed a glaring omission: NO mention of how to save thousands on your old student loans. Because of this I’m going to spit some truth at you, as I feel it’s my duty.
For some reason the interest rates for loans, made prior to 2006, are based off of the 91-day T-bill.… Read the rest