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GOP: Raise retirement costs to pay for student loans

from The Washington Post

Congressional Republican leaders May 31 suggested increasing the contributions that federal employees must pay toward their retirement benefits as a way of paying for keeping federally sponsored student loan rates from rising. That was one of two options that the top GOP leaders of the House and Senate offered in a letter to President Barack Obama for extending by one year the 3.4 percent rate for Stafford student loans. more


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