Federal student loan interest rates drop

College students around the nation will get a little break this year when it come to paying tuition.

Federal student loans taken out after July 1st will se a lower interest rate.

Federal loans for undergraduates, graduates and parent loans will see drops from 5% to 8%.

This drop in the interest rates could really help a lot of students afford students loans.

Some say that the national student loan debt is reaching crisis levels.

Louisiana has one of the lowest student debt rates in...

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From: Tim Sproles

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