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  2. 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 ...

  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. 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.

  5. Student loans in the United States - Wikipedia

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

    In 2021, student loan servicers began dropping out of the federal student loan business, including FedLoan Servicing on July 8, Granite State Management and Resources on July 20, and Navient on September 28. [40] According to Sallie Mae, as of 2021, 1 in 8 families are using private student loans when federal financing does not cover all ...

  6. Federal Direct Student Loan Program - Wikipedia

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

    Funding for new direct loans in the Federal Direct Student Loan Program increased from $12.6 billion in 2005 to $17.8 billion in 2008. ... of the interest rates on ...

  7. Federal student loan consolidation - Wikipedia

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

    Although the monthly repayments are lower, the total amount paid over the term of the loan is higher than would be paid with other loans. 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. ...

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