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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 (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1 ]

3. Student loans in the United States - Wikipedia

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

   As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.

4. Public Service Loan Forgiveness - Wikipedia

   en.wikipedia.org/wiki/Public_Service_Loan...

   Public Service Loan Forgiveness. The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time ...

5. Federal student loan rates just hit their highest point in ...

   www.aol.com/finance/education-department-unveils...

   The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...

6. Obama's Proposed Student Loan Debt Remedy Carries a ... - AOL

   www.aol.com/news/on-obama-student-loan-debt...

   Mandel Ngan, AFP / Getty Images America's student loan debt problem is nothing new: For years, the media has been offering up a flood of stories about people facing decades of debt repayment and ...

7. Stafford Loan - Wikipedia

   en.wikipedia.org/wiki/Stafford_Loan

   The new rates are retroactive for all loans disbursed on or after July 1, 2013. That effectively reversed an increase in interest rate from 3.40% to 6.80% for affected loans. Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market.