happy about federal student loan rates dropping

  For some good news amidst the current pandemic, the federal direct student loan rates are falling to the lowest interest rates on record for families taking on federal student loans this year.   Undergraduate rates for the 2020-2021 school year will be 2.75%. This is a reduction of 1.78% as compared to the 2019-20…

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For families that take out federal student loans, college just got a bit more expensive for the second year in a row. Starting July 1, 2018, federal loan interest rates are going up for loans taken out to pay for the 2018-19 academic year:   Undergrads will pay a rate of 5.04%, up from the current…

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