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Benefits
STUDENTS
- Today, 61% of students depend on federal student loans to complete their bachelor's degrees.
- Investing in a postsecondary education pays off. In fact, the more an individual learns, the higher an individual's earning potential is.Over a lifetime, college graduates average $1 million more in earnings than individuals with a high school diploma.
- Federal student loans offer the lowest interest rates available in the consumer marketplace, as interest rates on student loans are at an all-time low.
- Students who use student loans to pay for education costs are more likely to stay in school - making them more likely to complete their degree - than are students who do not have loans.
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