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Charles Schumer backs plan to extend student debt refinancing to older loans – Newsday

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Charles Schumer backs plan to extend student debt refinancing to older loans
Newsday
Legislation expected to be voted on June 1 in the Senate would allow borrowers of federal student loans locked in at high interest rates to refinance at the lower rate now offered on new federal student loans, which is 3.86 percent, Schumer (D-N.Y.) said.
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