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Business Insider: Graduate Students Come Out As Big Losers In The Debt Deal

"Graduate students are going to take a big financial hit because of the debt deal, according to Michael Scherer's debt debate breakdown at Time.

They currently aren't charged any interest on student loans until 6 months after graduation, but the debt deal cuts that federal subsidy. The costs for grad students will increase by more than $18 billion over the next decade, according to the Congressional Budget Office. The change will take effect on loans made after July 1, 2012."

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Graduate students would have

Graduate students would have to pay interest accruing on federal loans while they're still in school under the new deal. -Gregory Leb

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