Time Is Running Out for Student Borrowers (The Motley Fool)

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Time Is Running Out for Student Borrowers (The Motley Fool)

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05-19-2006, 06:13 AM

Ron Burgundy Ron Burgundy is offline

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Time Is Running Out for Student Borrowers (The Motley Fool)

The Motley Fool - If you or a loved one is paying off college loans, keep reading. You see, a deadline is looming. Interest rates for student loan programs are expected to rise significantly on July 1, and that means the ultimate cost to borrowers will be going up. You can avoid this fiscal trouble, though, by consolidating your student loans. In doing so, you'll be able to lock in the current rate, which is pretty low, historically speaking. You can also save several thousand dollars by consolidating.

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