Federal Student Loan Interest Rates to Reach 12-Year High, New Data Shows
The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 school year is set to be the highest in 12 years following the U.S. Treasury Department’s 10-year note auction in May, according to new data from the Department of Education. The interest rate on federal direct undergraduate loans will be 6.53 […]