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Education

Subsidized loans drive college tuition, student debt to record levels

By Veronique de Rugy
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Subsidized loans drive college tuition, student debt to record levels

A proposal to restore the lower interest rate of 3.4 percent on student loans from its recently increased 6.8 percent for another year failed in the Senate on Wednesday. The common response to this vote is that it is a tragedy. It isn’t.

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Analysis Entitlement Reform Entitlements Federal Budget Student loans Subsidies Veronique de Rugy