The other major changes is theinterestrate is going to a fixed interestrateof 6.8 percent, which, in the immediate right now is going to be an increase in the rates that students pay.
These are unleveraged rates, which mean that with 10 times leverage, for example, net of any exchange ratechanges, theinterest income would be that much higher.
The chief advantage is that this outlaws any national discretion in the conduct of monetary policy: interest rates and the money supply adjust automatically to changes in economic circumstances, with the exchange rate totally fixed.