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Young and Savvy: Don’t let tuition loans weigh down your future

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Interest rates for tuition fee loans after graduation are 4.75 per cent now.

Interest rates for tuition fee loans after graduation are 4.75 per cent now.

ST PHOTO: KUA CHEE SIONG

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I always wondered why one of my friends never stayed in university hostels despite living about two hours away from our campus.

Some time after graduation, she told me that she had put up with the lengthy and tiring commute to and from school as public transport cost less than hostel fees.

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