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BIRMINGHAM, Ala. (WIAT) — The student loan interest rate hike comes at a bad time for students in the University of Alabama system.
Just two weeks ago, they learned their tuition is going up in the fall.
This is the sixth year in a row that the board of trustees has approved a tuition hike.
However, at just three percent, this increase is the lowest.
The increase means in-state students will pay $125 more per semester at the University of Alabama, $252 more at UAB and $199 more at UAH.
Out-of-state students will pay $500 more at Alabama, $582 at UAB and $199 at UAH.
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