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Thursday, March 15, 2012

130,000 Students Petition Congress To Not Double Interest Rates On Stafford Loans

While interest rates on federal Stafford loans have stepped down over the last several years from 6.8% in 2007 to 3.4% for the current school year, that number is set to bounce all the way back up to 6.8% on July 1, leading 130,000 students to deliver letters to lawmakers in protest.

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