MAKING IT HURT:Students Feel Cuts' Burn Despite Inaction on Fraud
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The effects of the sequester have spread to the hallowed halls of education.

Both graduate students and the parents of undergrads have been quietly receiving letters from the federal Department of Education. The letters say the fees on their Direct PLUS loans from the government are being raised as a direct result of the automatic budget cuts that kicked in this month because Congress and the White House couldn't come to a fiscal agreement -- despite prior reports on waste and fraud which the department has allegedly been slow to address.

"On August 2, 2011, Congress passed the Budget Control Act of 2011, which put into place automatic federal budget cuts, known as the 'sequester.' While this law does not otherwise change the amount or terms or conditions of your Direct Loan, it does raise loan fees on Direct PLUS Loans first disbursed after March 1, 2013," reads a copy of the letter obtained by FoxNews.com.


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