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February 15, 2006
Student Loan Consolidation Rates Set to Increase on July
Congress voted on and passed Feb. 1 the Deficit Reduction Act of 2005 that included massive cuts to federal student loan programs. The $11.9 billion in student loan cuts, including changes in laws regarding student loan consolidation, will negatively impact those students seeking a college education and others seeking to consolidate their higher interest loans. The industry expects a rush of students seeking to consolidate at the current low rates that are set to increase on July
From Student Loan Consolidation Rates Set to Increase on July
Posted by John at February 15, 2006 02:03 PM
