To be clear, the president does not set the federal student loan interest rates himself. The rates are set annually and are based on the 10-year Treasury note auction held every May. The increase ...
Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for people who will take out student loans, according to a May 14 ...
have a fixed rate for the life of the loan that will never increase. Additionally, any private student loans you have will not be affected by the new federal Direct student loan rates. It’s ...
The hefty increase in loan rates poses one more challenge for would-be student borrowers. Beginning in December, a series of FAFSA glitches delayed the processing of federal student loans ...
INDIANAPOLIS — Federal student loan rates are going up 1.03% for the 2024-25 school year. That is money disbursed between July 1, 2024, and June 30, 2025. For undergrads, that is a 16-year high.
INDIANAPOLIS — Federal student loan rates are going up 1.03% for the 2024-25 school year. That is money disbursed between July 1, 2024, and June 30, 2025. For undergrads, that is a 16-year high.