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College Loan Rate Deal Pending

Photo: WNAX AM

College Loan Rate Deal Pending

Congress left Washington for the July fourth break without reaching any agreement on interest rates for subsidized student loans. Those rates have now doubled to six point eight percent. South Dakota Senator John Thune says they have a potential agreement on the agenda…

Thune says their proposal would have a variable interest rate…

Thune says those looking at financing tuition this fall should probably wait until Congress takes action…

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