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Students push bill to ease ‘scary’ debt

Sophomore Stella Luong had two jobs during her freshman year at UW-Madison, but she already faces about $3,000 in debt.

“I can’t imagine how it would be not having that fear of piling it on,” she said. “It’s scary when you’re 18.”

….Luong came to a press conference at the Memorial Union on Thursday to support a bill to be considered next week in the House of Representatives – as part of the new Democratic majority’s goal for its first 100 hours – that would cut the interest rate in half for subsidized Stafford loans for undergraduate students.