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

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

    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 ...

  3. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    Graphic 1: Total number of dollars (in billions) entering default, 2009-2018, data source: CRS Graphic 2: This graph portrays the changes in the interest rate for direct subsidized loans, 2004-2019. Default and delinquency are increasingly common and are a large risk the government bears when giving out low-interest rate loans.

  4. How the Fed rate changes impact student loan interest rates - AOL

    www.aol.com/finance/fed-rate-hikes-impact...

    The Federal Reserve’s actions can influence student loan interest rates. ... at 5.25-5.5 percent. However, that interest rate is only a benchmark, meaning that borrowing costs can still be high ...

  5. Federal student loan consolidation - Wikipedia

    en.wikipedia.org/wiki/Federal_student_loan...

    The fixed interest rate is calculated as the weighted average of the interest rates of the loans being consolidated, assigning relative weights according to the amounts borrowed, rounded up to the nearest 0.125%, and capped at 8.25%. Some features of the original consolidated loans, such as postgraduation grace periods and special forgiveness ...

  6. Student Loans: Parent Plus Loans Could Get $10K Forgiveness - AOL

    www.aol.com/student-loans-parent-plus-loans...

    President Joe Biden announced his administration's much-anticipated plan for student loan forgiveness on Aug. 24. But now, a group of senators is urging the administration to revise the ...

  7. 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 ]

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