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Education Dept. announces highest federal student loan interest rate in more than a decade
The U.S. Department of Education announced Tuesday the interest rates on federal student loans for the 2024-2025 academic year. The interest rate on federal undergraduate loans will be 6.53%, the highest rate in at least a decade,
Student Loan Interest Rates Hit 14-Year High
Federal student loans made after July will carry the highest interest rates since 2010, with undergraduate loans charging 5.5% per year.
Student Loan Interest Rates To Soar Above 6.5%—The Highest Level In More Than 15 Years
The fixed interest rate on federal student loans for undergraduates during the 2024"2025 academic year will be 6.53%, according to a U.S. Department of Education announcement. That's the highest rate since the 2007"2008 school year when undergrad borrowers were charged 6.
Federal student loan interest rate will rise to highest level in 12 years
The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the highest in 12 years.
Interest on Federal Student Loans Is Rising to 6.53%
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 decade.
Our best private student loans and student loan refinance ratings methodology
See the breakdown of our methodology used to determine our top picks for the best private student loans and best student loan refinance lenders.
7 best student loans for bad credit in 2024, including federal and private options
Explore your options for best student loans for bad credit, understand alternatives and the easiest path to improve your credit scores.
Best Graduate Student Loans of June 2024
The best graduate student loan lenders include Ascent, College Ave, Earnest, Sallie Mae, and Custom Choice. Federal loans are an even better choice.
Federal Student Loan Rates Jump 1% for 2024-25
Federal student loan interest rates are tied to 10-year Treasury Yields and recalculated yearly. This has resulted in a more than 1% jump in rates for the 2024-25 academic year.
How Student Loan Debt Affects Your Ability To Buy a House
Across the U.S., over 43 million people have federal student loan debt, which averages out to over $37,000 per borrower, according to the Federal Student Aid office. And when you factor in
7h
Federal Income Taxes Are Set To Skyrocket
S Corporation shareholders and partners in a partnership could see their effective federal income tax rate increase by 30% by ...
FOX 5 Atlanta
1d
Biden extends time frame to get credit toward student loan forgiveness
Interest rates are up and student loan forgiveness isn't really finalized yet, making for turbulent loan market as we enter ...
Bloomberg L.P.
3d
Americans Expect More Student-Debt Forgiveness in NY Fed Survey
Americans expect more
federal
student
debt forgiveness in a survey conducted by the
Federal
Reserve Bank of New York ...
11d
on MSN
Connecticut Loan Repayment Program aims to tackle workforce shortage in underserved areas
Gov. Ned Lamont (D-Conn.) announced on Monday that his administration is launching a program to address the health care ...
Opinion
The Gazette
12d
Opinion
Will student loan forgiveness deliver Biden’s re-election? Or will it be his doom?
But it wasn’t so grand in the eyes of the law. Biden’s plan was struck down by the Supreme Court, which ruled that the ...
3h
on MSN
How to get the cheapest student loan for fall 2024
Securing the most affordable student loans should be a priority this fall. Here's how to find the best options.
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