Federal student loan rates have been rebounding since 2020’s big drop. From 2021 to 2025 alone, undergraduate Direct Loans have increased nearly 3 percent. Student loan rates from 202 0 -2025 ...
The fixed interest rate on federal student loans for undergraduates during the 2024"2025 academic year will be 6.53%, ...
Federal student loan rates have hit a record high. Here's how to know if a private loan is the better choice for you.
Kennedy Edgerton is an Updates Editor on the Mortgages and Loans team, leveraging his passion for writing and personal finance to produce stimulating content that empowers readers to enhance their ...
The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...
Students heading to college this year could wind up paying more for their schooling than those in the recent past. That’s because federal student loan interest rates are set to be the highest ...
The Department of Education announced Tuesday that federal student loan interest rates for the 2024-2025 school year hit 6.53 percent, up from 5.5 percent the previous year. Higher education ...
For the 2024-25 school year, undergraduates can expect a 6.53% federal student loan interest rate — making the cost of borrowing for college the highest it's been in 16 years. Grad students and ...
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.
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...