Published 2 months ago

Federal student loan interest rates highest in more than a decade

Summary

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 expert Mark Kantrowitz told CNBC the new undergraduate interest rate is the highest it has been in a decade.

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CNN

Federal student loan interest rate will rise to highest level in 12 years

Borrowing to pay for college is about to get more expensive: The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will be the highest in 12 years.

2 months ago·Atlanta, United States

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CNBC

Education Dept. announces highest federal student loan interest rate in more than a decade

The U.S. Department of Education announced Tuesday the interest rates on federal student loans for the 2024-2025 academic year.

2 months ago·United States

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The Hill

Federal student loan interest rates highest in more than a decade

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.

2 months ago·Washington, United States

Read Full Article