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Student Loan Interest Rates Set to Double

PBS Newshour
(0)
Duration
7m
Year
2013
Language
English

About

Effective July 1, subsidized Stafford loan rates doubled from 3.4 to 6.8 percent, increasing costs for lower- to middle-income students. Gwen Ifill talks to New America Foundation's Kevin Carey and Anne Johnson of the Center for American Progress on whether Congress will propose long-term solutions to curb growing college debt.

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