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Will They Raise The Rate for Stafford Loans ?

There is a lot of talk about the student loan debt in the United States lately. One of the big questions is whether or not the interest rate for new Stafford loans will remain at 3.4% or increase to 6.8% on July 1 2012. Apparantly both Republicans and Democrats want to leave the interest rate at 3.4%, the big debate is how to make it happen.

My guess is that NO they won’t raise the rate. Politicians don’t want voters disgruntled about this in November.

 

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