GOP Plans Student Loan Hikes
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federal student loan billsCNBC
•US Politics
US Politics
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
86% Informative
House Republicans are looking at ways to slash spending to fund President Donald Trump 's tax cuts.
GOP lawmakers are expected to use the budget reconciliation process to make major cuts to the federal budget.
The average student loan borrower could pay nearly $200 a month more if the GOP plans to reshape the repayment program succeed.
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