Student Loan Interest Rates

Student Loan Interest Rates Likely Increasing, Rep. Foxx Says

Students could see the interest rates on their student loans double this summer if Congreess does not act to extend a rate reduction passed in 2007.

Rep. Joe Courtney: Don't Let Student Loan Rates Double

On 7/1/12, interest rates on subsidized Stafford student loans will double if Congress does nothing. Borrowers taking out $23,000 in loans will see their interest balloon by an estimated $5,000 over a 10-year repayment period.

Student loan interest rate set to go up

President Barack Obama's State of the Union speech may be causing anxiety for families with college-bound students. In addressing the rapidly rising cost of higher education, Obama noted that the fixed interest rates on student loans are set to double in July if Congress fails to act.

Braley introduces bill to keep student interest rates down

Congressman Bruce Braley has introduced a bill in the U.S. House that aims to keep interest rates down on student loans. The current interest rate for a federally subsidized Stafford loan is 3.4 percent. On July 1, that rate will double to 6.8 percent unless Congress takes action. Students interviewed Wednesday said they were in [...]

Fitch Rates SLM Student Loan Trust 2012-1

Fitch Ratings has assigned the following ratings to the SLM Student Loan Trust 2012-1, student loan-backed notes:

College graduates struggle with student loan debts: Plain Dealing

Student loan debts are growing so high that experts say college grads are putting off rites of passage like marrying, buying homes -- sometimes even moving out of their parents' homes.

Obama touches on student loan interest rates

CANDICE CHOI AP Personal Finance Writer NEW YORK President Barack Obama's State of the Union speech Tuesday night may be causing anxiety for families with college-bound students. In addressing the rapidly rising cost of higher education, Obama noted that the fixed interest rates on student loans are set to double in July if Congress fails to act. Here's what's behind the change referenced by ...