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ForbesConnecticut and Minnesota introduced state-backed graduate loans this month with fixed rates starting at 5.50% and 5.73%. The programs aim to replace a federal borrowing channel that closes on July 1.
citizen.co.zaState Financial Officers Foundation President O.J. Oleka said relaxed eligibility rules during the prior administration contributed to increased fraud in government programs. The group documented $5.7 billion in identified waste, fraud and abuse.