THE DOUBLING OF STUDENT LOAN RATES AFFECTS THOUSANDS OF STUDENTS AT UNM. THE SCHOOL TELLS 770 KKOB THAT OVER 10-THOUSAND STUDENTS HAD SUBSIDIZED LOANS LAST YEAR. THE INTEREST RATE ON THE LOANS WENT FROM 3-POINT-4 PERCENT TO 6-POINT-8 PERCENT.
CONGRESSIONAL LEADERS HAVE SAID THEY WOULD TRY TO REVERSE THE INCREASE AFTER THE JULY 4TH HOLIDAY.