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  2. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    The federal student loan program was criticized for not adjusting interest rates according to factors under students' control, such as the choice of academic major. Critics have contended that flat-rate pricing contributes to inefficiency and misallocation of resources in higher education and lower productivity in the labor market. [ 15 ]

  3. Federal student loan interest rate will rise to highest level ...

    www.aol.com/federal-student-loan-interest-rate...

    The federal student loan interest rate will be 6.53% for undergraduate students, up from 5.5% for the current year. The interest rate has not been that high on any undergraduate loans since the ...

  4. Federal Perkins Loan - Wikipedia

    en.wikipedia.org/wiki/Federal_Perkins_Loan

    A Federal Perkins Loan, also referred to as a Perkins Loan, was a need-based student loan offered by U.S. Department of Education from 1958 until 2017. [1] Created as part of the Federal Direct Student Loan Program , the Perkins Loan served to assist American college students fund their post-secondary education .

  5. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Federal student loans are loans directly to the student; the student is responsible for repayment of the loan. These loans typically have low interest rates and do not require a credit check or any other sort of collateral. Student loans provide a wide variety of deferment plans, as well as extended repayment terms, making it easier for ...

  6. A look at lives transformed by the student debt crisis - AOL

    www.aol.com/look-lives-transformed-student-debt...

    Specifically, it's going toward "aggressively" paying down the $90,000 private student loan he took out in 2015, which came with a suffocating 6.3% interest rate.

  7. Private student loan (United States) - Wikipedia

    en.wikipedia.org/wiki/Private_student_loan...

    As a result, interest rates may vary considerably across lenders, and some loans have variable interest rates. More than 90% of private student loans to undergraduate students and more than 75% of private student loans to graduate students require a creditworthy cosigner. [1]

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