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Increase the cost of college education

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Reference no: EM131909355

In August 2013, after contenious debate in Congress, President Obama signed into law a bill restoring lower interest rates for college student loans. President Obama pledged that the hard-fought compromise with legislative representatives would be just the first step in a broader, concerted fight to reign in the cost of a college education. Evaluate the validity of the Presiden'ts statement and whether government-subsidized lower interest rates for student loans reduce or increase the cost of college education.

Reference no: EM131909355

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