How will student loan interest rates be affected by Congress’ newly passed legislation? Here are the top three things you need to know.
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The national average cost of three college credit hours – traditionally a single course – is a whopping $750. For the approximate 120 credits it takes to earn a bachelor’s degree, most students face a total cost of $30,000 or more. Factor in other costs such as travel and books, and it’s no wonder so many students can’t pay for college on their own.