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Cost of degree to increase


Last updated Nov. 04, 2005, 4:45 p.m.
Reported by Amanda Hollis
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A new U.S. Senate bill will increase student fees and loan interest rates by about two percent next year. That could mean an extra $5,000 to get a degree for next year's incoming freshmen.

"I personally feel that it kind of sucks that the money has to come to us from students, being that we are the ones that are kind of struggling to get by with our minimum wage jobs," Andy Stiles, KU student, said.

The bill could also impact students' parents. Part of the plan proposed an increase in interest rates for parent PLUS loans.

Some students said the government should find funding somewhere else.

"Taking from students isn't necessarliy the best way I think to go about it because if we're trying to help people, then it's kind of hard to take the money away from them that need it the most," Corrine Fetter, KU student, said.

The United States Student Association is fighting back with a "Stop the Raid on Student Aid" campaign that encourages students to write to Congress about the bill.

To find out more about the "Stop the Raid on Student Aid" campaign visit the United States Student Association Web site.