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Loan Rates Stabilized

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Loan Rates Stabilized

Interest rates on student loans have stabilized for the moment, although nothing is official yet. The rate break on subsidized loans expired on July first with interest jumping to six point eight percent. Congress then brokered a deal to lower those rates. Julie Pier is the Director of Financial Aid at the University of South Dakota…

Pier says they are working on some interest rate assumptions…

She says borrowers don’t have to do any additional paperwork as the rates will be set retroactively. Pier says they have not seen much change in the number of students looking at financial aid…

She says over sixty percent of students enrolled at USD use at least some type of student loan.

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A look at the big stories that made news this week and the headlines you may have missed.

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Americans are really angry with Washington

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Americans are angry with the handling of issues ranging from healthcare reform to the rise of Islamic State militants.

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Rail Plan Approved

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The state Rail Board approved the new South Dakota rail plan at their meeting this week.

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Siren Project Nixed

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Bidding for the emergency siren project in the lake area of Yankton closed yesterday, but at their meeting yesterday afternoon, Commission members agreed not to go ahead with the project and to reject any received bids.

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Minnesota Farm Bureau Members Lobbying Congress

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Minnesota Farm Bureau members are in Washington D.C. this week making hill visits. Cass County Farm Bureau President Miles Kuschel,…