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The main thing we see in terms of consumer preferences is the migration from adjustable-rate loans into fixed-rate loans. If you decide to file bankruptcy, you should review your exemptions with an attorney to make sure that you protect as much as possible. Loan paydown payment to all outstanding interest and principal to bring all balances to zero, however line will remain active. Pell grants have not kept, but, stafford loan and other federal student loan interest rates are near record lows.



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