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Student loans again on brink in Congress

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Student loans again on brink in Congress

In a potential replay of last year’s stand-off, more than 7 million college students could again be threatened with a doubling of the interest rate on their school loans July 1 if Congress fails to act ... “The nation needs a comprehensive plan that involves access, completion and affordability for these and other students,” Charmaine Mercer, vice president of policy for the Alliance for Excellent Education, told the committee that the entire system of federal student loans should be examined.
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