Arne Duncan

Arne Duncan

FILE – This March 14, 2014 file photo shows Education Secretary Arne Duncan speaking in the Brady Press Briefing Room of the White House in Washington. Student lender Sallie Mae has reached a $60 million settlement with the federal government to resolve allegations it charged military service members excessive interest rates on their student loans. The settlement was announced Tuesday by Attorney General Eric Holder and Duncan. (AP Photo/Manuel Balce Ceneta, File)

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