No plan in sight to prevent a rise in federal student-loan rates

03/28/2013 | U.S. News & World Report

Last year's fight over raising interest rates on federal student loans is heating up again. The lower rates that Congress extended last year are set to expire in July, rising from 3.4% to 6.8% for students taking new loans. Analysts say momentum to keep the rates low, which costs $6 billion annually, is not as strong this year.

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