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Senate Reaches Deal to Freeze Student Loan Rates

7M students could save as rates stay at 3.4%

By Matt Cantor,  Newser Staff

Posted Jun 26, 2012 4:51 PM CDT

(Newser) – Student loan rates will stay at 3.4% for another year, thanks to a Senate deal on the issue, insiders tell the Washington Post. With President Obama and Mitt Romney both pushing for the freeze—which prevents rates from jumping to 6.8% July 1—...   Read full story »

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