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US President Barack Obama speaks on the steps the administration is taking to increase college affordability by making it easier to manage student loan debt at the Colorado University in Denver, Colorado, on October 26, 2011.
On July 1, millions of young Americans who took out Federal student loans may see their payments go up.
Most in Congress want to keep rates low on college loans, but they can't agree on how to pay for it. So legislation freezing the rates is stalled. That could mean more students may seek out loans in the private market.
Propublica's Marian Wang joins the show to discuss the future or student loan legislation.
Marian Wang is a reporter for Propublica.