Federal, Student loan
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.
Federal Student Loan Interest Rates Set To Rise This Fall
The new rates for Federal student loans for the 2024 - 2025 school year are set to rise significantly this fall, increasing by over 1%.
Federal Student Loan Interest Rates to Increase
Interest rates on federal student loans are set to jump by one percentage point this summer.
Federal student loan interest rates will hit some record highs
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 Education Department announcement. Here’s how 2024-25 federal student loan interest rates will compare to 2023-24 rates:
Interest rates on student loans are rising yet again. It'll make things a lot more expensive for new borrowers this fall.
Interest rates on federal student loans are increasing by more than 1% on July 1, marking the highest rates borrowers have faced in over a decade.
Student loan interest rates over time 2024
The interest rate for undergraduate loans with a disbursement date between July 1, 2023, and June 30, 2024, is 5.5%. For graduate loans, the rate is 7.05%. For PLUS loans, the rate is 8.05%.
Student Loan Interest Rates Expected to Get Hit With 'Big Jump'
The interest rates for new undergraduate loans in the 2024-2025 school year could jump to 6.5 percent from 5.5 percent last year.
Federal Student Loan Interest Rates Hit 12-Year High as Undergraduates Face More Than 6.5% Interest
The interest rate on new federal student loans for undergraduates during the upcoming academic year will be more than 6.5%, the highest in 12 years. Graduate students will see more than 8% interest rate increases,
6 Factors That Increase Your Student Loan Balance
Many students see their student loan balances increase over time. Here are some reasons why that happens. Learn more.
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