SENATE BILL: Student Loan Interest Rate Fairness Act (debating) (user search)
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  SENATE BILL: Student Loan Interest Rate Fairness Act (debating) (search mode)
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Author Topic: SENATE BILL: Student Loan Interest Rate Fairness Act (debating)  (Read 3416 times)
Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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« on: January 11, 2012, 04:57:09 AM »
Is this interest rate defined as simple or compound?
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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Posts: 34,495
« Reply #1 on: January 14, 2012, 03:06:59 AM »
Quote from: Marokai Breakneck on January 13, 2012, 02:55:15 AM
Quote from: Nathan on January 11, 2012, 04:57:09 AM
Is this interest rate defined as simple or compound?

Simple. I didn't imagine it would be considered otherwise, considering the nature of Atlasia's student loan system. (In that it is public, not private, and therefore, I would hope, more concerned with making it as cheap as possible.)

In that case I'm strongly in favor of this bill, since I oppose compound interest almost all the time anyway, and certainly support making student loans less onerous.
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Okay, maybe Mike Johnson is a competent parliamentarian.
Nathan
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Atlas Superstar
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Posts: 34,495
« Reply #2 on: January 21, 2012, 11:55:25 AM »
Aye FTR
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