Unless Congress intervenes, the interest rate on subsidized loans will double on July 1, from 3.4 percent to 6.8 percent. The rate hike will affect students who have the most need for financial help ... more 
Unless Congress intervenes, the interest rate on subsidized loans will double on July 1, from 3.4 percent to 6.8 percent. The rate hike will affect students who have the most need for financial help to go to college. less 
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WTIC - Hartford
Mon, Jun 17, 2013 11:05 PM EDT