Last week, the average interest rate on 10-year fixed-rate private student loans moved up. Overall, rates remain fairly low, ...
Federal student loan interest rates are tied to 10-year Treasury Yields and recalculated yearly. This has resulted in a more ...
Interest rates on federal student loans are set to jump by one percentage point this summer. Undergraduate loans will soon carry a rate of 6.53% for the 2024-2025 school year, up from 5.50% this ...
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 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. By Ann Carrns This has already been a challenging year for college ...
To be clear, the president does not set the federal student loan interest rates himself. The rates are set annually and are based on the 10-year Treasury note auction held every May. The increase ...
Kennedy Edgerton is an Updates Editor on the Mortgages and Loans team, leveraging his passion for writing and personal finance to produce stimulating content that empowers readers to enhance their ...
The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...
Interest rates on federal student loans are set to jump by one percentage point this summer. Undergraduate loans will soon carry a rate of 6.53% for the 2024-2025 school year, up from 5.50% this ...
Borrowing to pay for college is about to get more expensive: The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the highest in 12 ...
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 ...
This article was first published on NerdWallet.com. Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for people who will ...