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Download full textWeinberg, Steven – Congressional Budget Office, 2006
Federal student loans include a complex consolidation option that gives borrowers the opportunity to combine several loans into a single loan with a longer term to maturity and, for loans originated before July 2006, to convert from a variable- to a fixed-rate loan. The consolidation option adds substantial costs to the federal student loan…
Descriptors: Costs, Federal Programs, Student Loan Programs, Postsecondary Education
