Future of affordable education looks bleak

Source: wildcat.arizona Posted By: Cat B...4048 days ago

While there are a variety of loans, scholarships and federal aid options available for students, the future is still not looking bright, especially for those aiming to get subsidized federal student loans.

In 2007, Congress passed the College Cost Reduction and Access Act that set the interest rate at 3.4 percent for subsidized federal student loans for a period of four years. It was up for renewal last summer during campaign season, but because Congress extended the lower rate then, it will be....

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