“ Those also on IBR or other payment plans also get to be listed as current even though it’s an effective haircut.”

Wait — could it be that the interest rate is “so high” so that those who *can* afford to make payments are subsidizing those who *can’t* (that is, the IBRs), and the goal is to make the whole thing break even?

Isn’t complaining about how high your federal loan rate are basically the same as complaining about how high your taxes are?

Does that make Liz Warren a *republican*???? [kidding]