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Thursday, May 08, 2014

Student Loans to Cost More This Fall

Subsidized student loans will get pricier this fall, thanks to Congress.

Students taking out government student loans could pay nearly a percentage point more in interest rates. Based on rates set at Wednesday's Treasury bond auction, undergraduate loans will likely pay an interest rate of around 4.66% and graduate school loans around 6.21%. That compares to 3.86% for undergraduates and 5.41% for graduates last year.

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1 comment:

  1. AnonymousMay 9, 2014 at 3:55 PM

    Those pesky republicans blocking EVERYTHING.

    And shame on the Democrats for packaging this in EVERYTHING.

    ReplyDelete

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