The Department of Education announced Tuesday that federal student loan interest rates for the 2024-2025 school year hit 6.53 ...
That’s because federal student loan interest rates are set to be the highest they’ve been in more than a decade. Each year ...
The fixed interest rate on federal student loans for undergraduates during the 2024–2025 academic year will be 6.53%, ...
The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the ...
The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a ...
For the 2024-25 school year, undergraduates can expect a 6.53% federal student loan interest rate — making the cost of ...
Federal student loans made after July will carry the highest interest rates since 2010, with undergraduate loans charging 5.5 ...
The Education Department unveiled the new rates for next academic term.
Following an exceptionally large drop during 2020, federal student loan rates have steadily been rising by roughly one ...
The interest rate on many new federal student loans will reach its highest level in over a decade next year, as lenders seek ...
The average perceived likelihood of a year-ahead increase in federal student debt forgiveness rose to 39% in April compared ...
How will the interest rates affect new students? We talk to a local expert.