Senate approves deal to lower interest rates for students - KYTX CBS 19 Tyler Longview News Weather Sports

Senate approves deal to lower interest rates for students

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(KYTX) - The senate approved a deal to lower interest rates for student loans today.

The rates rose to more than 6% on July 1. Today's deal will cap rates around 3% for some loans.

The house will take a vote soon and the bill is expected to become law.

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