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Fight over student loan rates intensifies

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The partisan divide widened Tuesday over how best to lower interest rates on federal student loans that automatically doubled last week, with no compromise in sight ahead of a key Wednesday vote. Senate Majority Leader Harry Reid, D-Nev., has proposed a one-year interest rate freeze at 3.4 percent on new federal Stafford loans - the same rate before it jumped to 6.8 percent on July 1. A vote...