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Interest on Federal Student Loans Is Rising to 6.53%
Posted inColleges and Universities Content Type: Service Financial Aid (Education) Institute for College Access and Success Interest Rates Personal Finances Student Loans Tax Credits, Deductions and Exemptions Treasury Department

Interest on Federal Student Loans Is Rising to 6.53%

The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
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Posted by By Ann Carrns
A Pause for the Public Service Loan Forgiveness Program
Posted inContent Type: Service Education Department (US) Federal Aid (US) Government Contracts and Procurement Personal Finances Student Loans

A Pause for the Public Service Loan Forgiveness Program

The Education Department has temporarily stopped processing applications and other forms as it updates its systems and deals with problems plaguing the program.
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Posted by By Ann Carrns
What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans
Posted inBanking and Financial Institutions Credit and Debt Credit Cards Federal Reserve System Government Bonds Home Equity Loans Interest Rates Mortgages Personal Finances Student Loans

What Fed Rate Moves Mean for Mortgages, Credit Cards and Student Loans

Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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Posted by By Tara Siegel Bernard
Biden Cancels $6.1 Billion in Debt for Former Art Institute Students
Posted inBiden, Joseph R Jr Education Education Department (US) Student Loans

Biden Cancels $6.1 Billion in Debt for Former Art Institute Students

The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.
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Posted by By Zach Montague

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