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College grads to pay double the interest on student loans?

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Published on Jun 22, 2012

All across America college grads are struggling to find work and this is leaving many of them questioning whether the price of higher education was worth it. Student debt has recently surpassed credit card debt and that number may increase more rapidly than expected. Interest rates on government subsidized loans are set to double by July First if Congress doesn't act soon. Rae Ann Roca, founder of Loan Reform Now, fills us in on the matter.

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