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Stafford Student Loans

Don't Let Student Loan Rates Double

Rep. Joe Courtney | Posted 04.04.2012 | College
Rep. Joe Courtney

On 7/1/12, interest rates on subsidized Stafford student loans will double if Congress does nothing. Borrowers taking out $23,000 in loans will see their interest balloon by an estimated $5,000 over a 10-year repayment period.