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2. Federal Direct Student Loan Program - Wikipedia

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

   The William D. Ford Federal Direct Loan Program ... "We must reduce the student loan interest rate back to 3.4 percent immediately, and then even lower, and develop ...

3. Federal student loan consolidation - Wikipedia

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

   The Federal Loan Consolidation Program was created in 1986. In 1998, the United States Congress changed the interest rate to the aforementioned fixed rate weighted mean, effective February 1, 1999. Consolidation loans taken out before that date had a variable interest rate, determined by the individual FDLP loan origination center (e.g., in the ...

4. 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. [ 16 ]

5. Pros and cons of consolidating student loans

   www.aol.com/finance/pros-cons-consolidating...

   But with Direct Consolidation Loans, your interest rate is calculated as the weighted-average interest rate of the loans you’re consolidating, rounded up to the nearest one-eighth of a percent ...

6. If Trump Eliminates the Department of Education, Do You Still ...

   www.aol.com/finance/trump-eliminates-department...

   The U.S. Department of Education administers federal student aid programs such as Pell Grants, direct loans and work-study programs. These initiatives help students afford to attend college and ...

7. Record-Low Student Loan Interest Rates Set for 2020-2021 - AOL

   www.aol.com/record-low-student-loan-interest...

   Federal student loan interest rates for new borrowers are set to drop to their lowest in history, according to market levels May 12, possibly creating millions in savings for current and future ...