Time has run out for Congress to stop interest rates on federally subsidized student loans from doubling. Rates are expected to shoot up from 3.4 percent to 6.8 percent now that Congress has failed to act. Read more»
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Interest rates on student loans are set to double in July if Congress fails to act. At a time when tuition is rising at 8.3 percent a year and median wages for young people are falling, young Americans and their families can ill afford more Washington inaction. Read more»
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