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Interest-Free Student Loans: Pay Back Only What You Borrowed

Federal student loans have become easier and cheaper to take out, but some students have found an even sweeter deal—student loans that charge no interest at all.

A small number of charities and colleges offer student loans which only require borrowers to repay the money they borrowed. Some organizations make loans to students from across the United States while others only lend money to students in their immediate area.

Stafford Loans Now Have Lower Interest Rates

Although c…