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Student Loan Interest Rates

Think Twice Before Borrowing for Your Kid's College

NerdWallet | Posted 02.13.2017 | College

Sixty-year-old Pamela Last doesn't have a college degree -- but she has roughly $200,000 in student debt. Like a growing number of parents, Last took...

One-Word Answers To Your Money Questions

NerdWallet | Posted 02.08.2017 | College

Financial advice is loaded with fine print, disclaimers and caveats. But sometimes, you want a straight answer before digging deeper. We answered 10 ...

How to Refinance Your Student Loans (Told in Under 350 Words)

NerdWallet | Posted 09.26.2016 | Business

Most of us are more responsible now than when we were 18. So if you're still paying back a student loan you borrowed before you could legally order a ...

6 Steps to Take If Your Student Loan Interest Rates Went Up

Andrew Josuweit | Posted 04.12.2016 | Education
Andrew Josuweit

You've probably heard by now that the Federal Reserve executed a long-awaited interest rate hike in December. Though this move was both inevitable and sorely needed, it's not great news for borrowers. In fact, your student loan interest rates might have gone up as a result.

Have Student Loans? Understand Your APR

Credible | Posted 06.11.2016 | Education

If you have graduated from college and have thought about consolidating or refinancing your student loans, you may be wondering what possible interest rate you can get. If you are still in school and need a private student loan, you may find yourself in the same situation.

Why 2015 Could Be a Great Year to Have or Need Student Loans

Stephen Dash | Posted 05.15.2016 | Money
Stephen Dash

College students and graduates have been feeling the effects of high student loan interest rates for several years. Luckily for those still in school, federal student loan interest rates have dropped for the 2015-'16 academic year.

Lowering the Interest Rate Won't Solve the Student Debt Crisis

Bob Hildreth | Posted 06.28.2015 | Politics
Bob Hildreth

Senator Elizabeth Warren has reintroduced her bill allowing borrowers with outstanding student debt to refinance at lower rates. This will certainly appeal to those students with high-interest rates in the 7-8 percent range, but it won't help those struggling to pay their debt.

What Plan Does Rand Paul Have to Relieve Student Loan Borrowers?

Stephen Dash | Posted 06.17.2015 | Politics
Stephen Dash

Last week, Senator Rand Paul demonstrated his concern with college affordability.He wants to allow all tuition and student loan debt to be fully tax deductible. Though this plan would be beneficial to students and their families, critics have pointed out that the wealthy would benefit the most.

Is Martin O'Malley the Most Promising Presidential Candidate for Student Loan Borrowers?

Stephen Dash | Posted 06.15.2015 | Politics
Stephen Dash

Throughout his two terms as governor and in recent speaking engagements in Iowa and South Carolina, O'Malley has used bold language to denounce the crippling student debt that keeps young people from buying homes, starting businesses, and otherwise investing in the American economy.

How to Know If You Are Overpaying on Your Student Loans

Stephen Dash | Posted 05.25.2015 | Money
Stephen Dash

Understanding the types of loans you have and comparing them against the other options that exist can help you determine if you are paying too much.

Creating Opportunities in the Aloha State

Mark Takai | Posted 09.16.2014 | Education
Mark Takai

As I watch and listen to recent national conversations about education reform, I can't help but think about my family. My youngest sister Nikki teaches math at Pearl City High School, my wife Sami and I are products of public schools, and we send our two children to public schools.

Beyond the Basics: 5 Student Loan Terms You Need to Know | Posted 06.30.2014 | Money

You may already know your interest rate like the back of your hand, but what about the difference between your interest rate and your Annual Percentage Rate (APR)? Learn these five concepts so that you can know where you really stand with your finances and student loans.

New Tuition Plan Could Make College 'Free' In Michigan

The Huffington Post | Emily Thomas | Posted 03.21.2014 | College

If a new proposal is approved by the Michigan Legislature, the state's college students could soon go to school for free. Well, not exactly free: They...

More Changes To Student Loans Could Be On The Way

us news | Kelsey Sheehy | Posted 02.04.2014 | College

This article comes to us courtesy of U.S. News & World Report, where it was originally published. Student loans garnered a lot of attention in 2013...

Obama To Sign Bill Changing Student Loans

Associated Press | PHILIP ELLIOTT | Posted 08.09.2013 | Politics

WASHINGTON — Students heading back to college this fall will save thousands in interest charges on their loans after they graduate once President Ba...

Katherine Burkhart

Congress' Student Loan Fix Won't Help Students Most In Need | Katherine Burkhart | Posted 08.07.2013 | College

WASHINGTON -- Regardless of whether Congress can pass legislation to address the rise in interest rates on federally subsidized student loans, it will...

House Approves Lower Rates On Student Loans

Associated Press | Philip Elliott | Posted 08.02.2013 | Politics

WASHINGTON (AP) — A bipartisan bill that would reduce the costs of borrowing for millions of students passed the House on Wednesday and was heading ...

When We Put Our Country First, We Can Do the Right Thing

Sen. Joe Manchin | Posted 09.28.2013 | Politics
Sen. Joe Manchin

Each year, millions of American students rely on the federal student loan program to pursue higher education. For many families, without the ability to pay for their students' education over a longer term, college would simply be out of reach.

INFOGRAPHIC: Senate Deal Treats Students Like Cash Cows

Tom Allison | Posted 09.23.2013 | College
Tom Allison

With market interest rates so low this year, students taking out loans will pay a lower rate than current law of 6.8 percent -- for now. But without strong enough protections from high rates in the future, this infographic demonstrates how the deal will actually milk students in the coming years.

Shahien Nasiripour

Student Loan Deal Makes Future Borrowers Pay For Today's Lower Rates | Shahien Nasiripour | Posted 07.11.2013 | Politics

WASHINGTON -- A bipartisan group of senators struck a deal late Wednesday to overhaul the federal student loan program, tying interest rates on new lo...

Joy Resmovits

For Students, No Relief From Senate | Joy Resmovits | Posted 07.11.2013 | Politics

WASHINGTON -- A Senate vote to restore low interest rates temporarily on some new federal student loans failed to advance Wednesday, increasing the od...

More Support For Elizabeth Warren's Idea

The Huffington Post | Tyler Kingkade | Posted 07.10.2013 | Politics

More than 1,000 college professors from 568 higher education institutions around the country have signed a letter calling on Congress to pass legislat...

Education Debt and the Vocation Crisis: Prospective Priests Can No Longer Afford Poverty

Gabrielle Canon | Posted 09.08.2013 | Religion
Gabrielle Canon

The increase in rates on federal student loans will not only impact students -- members of the Catholic Church fear this will also affect faith. Graduates with large amounts of debt will now be less likely to pursue priesthood and will contribute to a significant shortage of priests in the U.S.

Student Loan Rates Doubled on Monday: Here's What You Need to Know

Brazen Life | Posted 09.02.2013 | College
Brazen Life

The only bright side of this whole mess among lawmakers might be that it drives you to finally sit down and take a painful but necessary look at your situation. And hopefully, after you do that, lawmakers will just get their act together to reach a compromise, making paying it all back that little bit easier.

We've Made It a Hassle to Get a Tassle

Alex Palombo | Posted 09.01.2013 | Politics
Alex Palombo

Government (and most voters) don't see a student loan hike as a far-reaching economic problem. They see it as affecting a small percentage of the population, a population with lower voter turnout than most. We cannot afford to keep thinking that way.