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Rewritten from New York Times — Business 1 min read
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Interest Rates on New Student Loans to Increase on July 1

Interest rates on new student loans will rise on July 1, impacting borrowers for the next academic year. This increase occurs amid ongoing challenges related to rising college costs and inflation.

Interest rates for new student loans will increase starting July 1, affecting borrowers for the upcoming school year. This change comes as borrowers are already facing higher college costs and inflation.

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Original Headline

Rates on New Student Loans Will Rise on July 1

Neutral Headline

Interest Rates on New Student Loans to Increase on July 1