So the rise in student loan interest rates over the past few years is due in part to the Federal Reserve’s actions to combat inflation. While the Fed is no longer increasing its benchmark ...
So the rise in student loan interest rates over the past few years is due in part to the Federal Reserve’s actions to combat inflation. While the Fed is no longer increasing its benchmark ...
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 ...
The May 8 auction put the high yield rate at 4.483%. As a result, federal student loan rates may increase in the 2024-2025 academic year, according to an estimate by higher education expert Mark ...
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 ...
(Photo by Liu Jie/Xinhua via Getty Images) The new rates for Federal student loans for the 2024 - 2025 school year are set to rise significantly this fall. Federal student loans all offer a fixed ...
Federal student loan interest rates will reach record heights for the 2024-25 school year, increasing the cost of college for ...
Interest rates on federal student loans are increasing for the upcoming school year. Based on the latest Treasury auction, borrowers are set to see the highest rates in over a decade. The rates ...
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 ...
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.