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Trump Administration Announces Changes to Student Loan Interest Rates

KTSM••The Associated Press
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The Trump administration has announced a reduction in student loan interest rates, but this change will not benefit all borrowers. To qualify for the lower rates, individuals must meet specific eligibility criteria, which have not yet been detailed. This decision is significant as it could alleviate some financial burdens for eligible students and graduates, but it also raises questions about who will be left out. Borrowers are encouraged to stay informed about the criteria and any potential application processes to take advantage of the new rates.

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