Friday, June 22, 2012

Student loan deal appears near in Senate

Senate negotiators are making steady progress toward a framework agreement to avert a doubling of student loan rates set to occur July 1, top aides confirm.

While Senators have left town for the weekend, staffers continued discussions Friday with hopes of announcing a deal early next week. They have tentatively agreed to use a combination of items proposed in recent weeks by leaders in both parties to provide nearly $6 billion.

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