The cost of borrowing for college for the next school year is rising to the highest rate in more than a decade. The interest rate on new federal student loans for undergraduates will be 6.53 ...
Fed fund rates currently sit at a 23-year high, with no immediate signs of relaxing. What are the caps on student loan rates? Fortunately, student loan interest rates will not keep rising forever.
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 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 ...
Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for people who will take out student loans, according to a May 14 ...
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, interest on federal loans for undergraduates will be 6.53%, while graduate and professional students will pay a rate of 8.08%. Those rates represent increases of ...
INDIANAPOLIS — Federal student loan rates are going up 1.03% for the 2024-25 school year. That is money disbursed between July 1, 2024, and June 30, 2025. For undergrads, that is a 16-year high.
It indicates an expandable section or menu, or sometimes previous / next navigation options. Student Loan Refinance Rates Undergraduate Student Loan Rates Private Student Loan Rates vs. Federal ...
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 ...