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10 Student Loan Repayment Myths Debunked | "While research shows a correlation between degree attainment and higher incomes for individuals who earn a college degree, the economy, job markets and individual life circumstances are subject to change beyond students' control. So borrow mindfully, keep track of cumulative鈥 |
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8 Questions to Ask Before Borrowing a Private Student Loan | As financial aid packages roll in, students and parents may start wondering whether a private student loan could help them pay for college. |
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Federal Loans Tough To Come By For Community College Students | Tuition and fees at most community colleges are pretty reasonable these days, about $3,500 a year. Which is why the vast majority of community college students don't take out loans to cover their costs. But, according to the Institute for College Access and Success, a non-profit advocacy鈥 |
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Senate Approves College Student Loan Plan Tying Rates to Markets | The Senate on Wednesday approved a bipartisan plan that would tie interest rates for college student loans to the financial markets, bringing Congress close to finally resolving a dispute that caused rates to double on July 1. But the 81-18 vote, which drew overwhelming support from鈥 |
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Editorial: Congress must reverse doubling of student-loan interest rates | CONGRESS squandered a year of potential progress on student-loan interest rates. The result of its inaction was a sharp rise in rates on Monday. |
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Student loan interest rate doubles. Government could pay more, too. | Millions of college students woke up Monday to a new reality: The interest rate on their new subsidized Stafford loans 鈥 the most popular federal student loan program 鈥 doubled overnight. |
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Interest rates on new college student loans double, but Congress could restore low rates later | College students taking out new loans for the fall term will see interest rates twice what they were in the spring 鈥 unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday. |
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Interest rates on student loans set to double next week | U.S. senators headed home for a Fourth of July recess without passing a bill that would prevent interest rates from doubling on student loans next week, leading to a ramp-up of political finger-pointing. |
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Congress must keep college loans affordable | Once again, Congress is facing a time-sensitive 鈥渃liff鈥 deadline: July 1, when rates on federally subsidized Stafford student loans will double should Congress fail to act. If this cliff sounds familiar, it鈥檚 because we were at the same brink last year during the election. A last-minute鈥 |
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Congress should extend low-interest rate for federal student loans |