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Congress Gets ‘F’ on College Loans

Washington’s inaction leads to doubling of interest rates

July 2, 2013
By PHILIP ELLIOTT - Associated Press , The Intelligencer / Wheeling News-Register

WASHINGTON- College students taking out new loans for the fall term will see interest rates twice what they were in the spring - unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday.

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