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Time’s Up: Student Loan Interest Levels Set to Double

Along with record-high tuition expenses, university students would be squeezed by the government whenever interest rates twice on brand new student education loans. Picture by Getty Graphics Marks the deadline for a hike in student loan interest rates, an increase affecting 7 million students monday. Congress left city Friday without following through to stop the attention prices on new Stafford that is subsidized student from doubling 3.4 per cent to 6.8 % on July 1. Subsidized Stafford loans...

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