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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 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:
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.
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%.
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.
Federal student loan rates are going up for 2024/2025 school year
Undergraduate direct loans will have a 6.53% interest rate. For graduate and professional direct loans, the rate is 8.08%.
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 to hit 12-year high
(CNN) - The interest rates on new federal student loans are expected to hit a 12-year high. This upcoming 2024 to 2025 academic college year, the interest rates for undergraduate student loans will rise above 6.5%. That’s up from 5.5% for the current year.
1d
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.
NerdWallet
7mon
Current Student Loan Interest Rates and How They Work
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does ...
4d
If You Make Under $120,000, You May Get Student Loan Forgiveness For Accrued Interest This Fall
Millions of borrowers who have experienced accrued, capitalized interest may get student loan forgiveness starting this fall ...
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