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updated: 8/21/2012 7:53 AM

Sen. Durbin calls for passage of student loan bill

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Associated Press

There are big differences between private student loans and federal student loans. U.S. Sen. Dick Durbin is encouraging students to know the differences. Durbin held a news conference Monday in Chicago to call for passage of the Know Before You Owe Act. He introduced the bill to help students understand the range of loan options before borrowing.

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