Reduce the interest on student loans and put a cap on the interest.

Background

Place a cap on the interest that student loans companies can place on student loans. This should be applied to new and old student loans.

Additional details

The interest on some student loans is extortionate which means that those who require loans are amassing huge depts. People will be charged for long periods of their lives, often paying back far more than they ever borrowed. Higher education should be accessible to all without the worry of being charge extortionate amounts for the rest of their lives.