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Photo by: Manuel Balce Ceneta

** FILE ** In this March 13, 2012, file photo Sen. Jack Reed, D-R.I., joins students at a Capitol Hill news conference to announce the collection of more than 130,000 letters to Congress to prevent student loan interest rates from doubling this July. The Senate planned a Tuesday May 8, 2012, roll call on a plan, which would extend today's 3.4 percent interest rates on subsidized Stafford loans for another year. (AP Photo/Manuel Balce Ceneta, File)

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