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Rates going up on federal student loans beginning July 1

On average, undergraduates took out $4,060 in unsubsidized federal Stafford loans in 2015-16, according to Mark Kantrowitz, publisher and vice president of strategy for Cappex.com. The average annual amount was $3,727 for undergraduate subsidized federal Stafford loans. The July 1 rate hike does not apply to private student loans Typically, federal...
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