(The Hill) — The Department of Education announced Tuesday that federalstudentloaninterestrates for the 2024-2025 school year hit 6.53 percent, up from 5.5 percent the previous year.
As if student debt wasn't already crippling enough, interestrates on federalloans are set to jump higher. In fact, "federalstudentloaninterestrates will reach record heights ...