You borrow money for college through a student loan program.  Normally you don’t start paying the loan off until after you graduate from college, so is a lower interest rate going to make you decide whether to go to college or not?  I doubt it!  See this article by Susan Dynarski in the New York Times for her take on whether lower interest rates are the best way to help  the students:

http://www.nytimes.com/2014/08/26/upshot/lowering-interest-rates-on-loans-isnt-the-best-way-to-help-college-students.html?_r=0

I tend to agree with her in most of her assumptions; maybe other financial options like more grants and need scholarships would be better than lower interest rates.

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