Skip to main content

What Elizabeth Warren Gets Wrong (and Right) about Student Loans

Print PagePrint Page

U.S. News & World Report
"The flaw in Senator Warren's logic is that these are long-term loans that are being presumably funded with longer-term borrowing by the Treasury," says James Angel, associate professor of finance at Georgetown University's McDonough School of Business. "So even though the t-bill rate right now is effectively zero, for longer-term debt the government is effectively paying several percentage points more."