Government rivals DTC for student loans
A series of changes to the federal student loan program that take effect July 1 could potentially slow the recent dramatic growth of direct-to-consumer loans from private lenders.The changes to the federal loan program include an increase in the amount students can borrow, a decrease in interest rates on loan repayments and new repayment terms enabling some borrowers to start repaying loans six months after graduation instead of 60 days
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