[caption id="attachment_54261" align="alignleft" width="150"] Incoming college freshmen could end up paying back about $5,000 more for the same maxed-out student loans their older siblings have, if Congress doesn't act.[/caption]

Congressional inaction could end up costing college students an extra $5,000 on their new loans: The rate for subsidized Stafford loans is set to increase from 3.4 percent to 6.8 percent on July 1, just as millions of new college students start signing up for fall courses. The difference between the two rates adds up to $6 billion nationwide.

Just a year ago, lawmakers faced...

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