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To make students loan payment easier and encourage timely payments, Sallie Mae announced that it is offering the “Direct Repay” plan, a repayment benefit that allows student loan borrowers to authorize a transfer of money from their checking or savings account directly to Sallie Mae for their monthly loan payments. Beginning May 1, 1994, borrowers who elect to use the Direct Repay Plan will recieve a 1/4 percent interest rate reduction on their loans pad electronically for as
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Monday, Dec. 27
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89.9%