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 ...
The U.S. Department of Education sets annual interest rates on federal student loans once a year. The percentage is based on the 10-year Treasury note, which has been on the rise while the Federal ...
The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. ... will come with a 9.08% interest rate, an increase from 8.05%.
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 ...
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United ... [+] States, on May 1, 2024. The U.S. Federal Reserve on Wednesday left interest rates ...
Federal student loan rates have been rebounding since 2020’s big drop. From 2021 to 2025 alone, undergraduate Direct Loans have increased nearly 3 percent. Student loan rates from 202 0 -2025 ...
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 ...
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.
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 ...
It indicates an expandable section or menu, or sometimes previous / next navigation options. Student Loan Refinance Rates Undergraduate Student Loan Rates Private Student Loan Rates vs. Federal ...
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 ...