The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the ...
Federal student loan rates are fixed ... “We are living in an era of relatively high interest rates, generally speaking,” says Mark Hamrick, Bankrate Senior Economist and Washington Bureau ...
The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. The interest rate has not been that high on any undergraduate loans since the ...
Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for ...
That’s because federal student loan interest rates are set to be the highest they’ve been in more than a decade. Each year federal student loan rates are determined by the outcome of the May ...
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 ...
The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. Borrowing to pay for college is about to get more expensive: The interest rate ...