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To cash a $500 computer-printed check from your employer, you might expect to pay a fee of about 1%, or $5.
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Beneficiaries at for-profit schools — which take a disproportionate share of GI Bill funding and have been under fire for their high costs and low job-placement rates — are more likely than those at other institutions to take out loans, the data show.
Securing your loan with money you have on deposit is a great way to get a low interest rate and not spend the cash you have.
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