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Letter to House on Legislation to Maintain the Subsidized Student Loan Interest Rate

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Letter to House on Legislation to Maintain the Subsidized Student Loan Interest Rate

April 26, 2012

​On behalf of 41 associations, this letter expresses the higher education community's strong support for enacting legislation to maintain the subsidized Stafford student loan interest rate at 3.4 percent. Allowing this rate to double, as it is scheduled to do on July 1, would impose significant additional costs on more than 7.4 million students and their families.

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