April 1, 2005

Combatants Alter Tactics in Fight Over Student-Loan Consolidation

By STEPHEN BURD

With interest rates expected to rise in July, loan industry pushes for change this year

Table: Alternative approaches to refinancing student loans

A looming increase in the interest rates that borrowers must pay on federal student loans is forcing the combatants in a fierce fight on Capitol Hill to reconsider their tactics.

The battle, which has been raging in Congress for the past two years, is over the future of a

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