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 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 ...
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 fixed interest rate on federal student loans for undergraduates during the 2024"2025 academic year will be 6.53%, ...
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 ...
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 ...
Students heading to college this year could wind up paying more for their schooling than those in the recent past. That’s because federal student loan interest rates are set to be the highest ...