Rates on federal student loans may increase by 1 percentage point
Morsa Images | Digitalvision | Getty Images As a result, federal student loan rates may increase in the 2024-2025 academic year, according to an estimate by higher education expert Mark Kantrowitz. The rate could go up by 1 percentage point. “This is a fairly big jump,” Kantrowitz said. Here’s what borrowers need to know. What … Read more