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Topic - Justin Draeger
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"This is the second year in a row policymakers have been left scrambling to keep interest rates down for subsidized Stafford loan borrowers," he noted, at a cost to the government of $6 billion while reducing eligibility for some subsidized Stafford loans.
Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators, said Congress should allow the program to give flexibility to institutions on borrowing standards and practices.