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Bipartisan proposal on student loans circulating
Students applying for financial aid for the coming school year could find some comfort in a bipartisan student loan compromise taking shape in the Senate that would prevent interest rates from doubling and set a single rate each year for undergraduate students, rich or poor. Interest rates, which would be tied to the financial markets, would rise slightly to 3.8 percent for low-income students receiving new subsidized Stafford loans this...
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