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Bill Aims To Ease Student Loan Burden

29 May 2014 19 views No Comment

“The Bank on Students Emergency Loan Refinancing Act — which [Sen. Dick] Durbin co-sponsored with Sen. Elizabeth Warren, D-Mass. — would allow students with older, higher-interest loans to refinance at lower rates,” The News-Gazette reports. “Dan Mann, UI director of financial aid [and NASFAA treasurer], said the new rates would provide flexibility for students who are struggling to repay their debt by making payments more affordable.”

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