Subsidized Student Loans

Federal Student Loans Rate Set to Double

The interest rate on federal student loans is scheduled to double this summer unless Congress acts soon.

Doubling The Interest Rates On Student Loans Could Actually Be A Good Thing

Right now, the interest rate on federal subsidized student loans is 3.4%, but if lawmakers don't vote to extend the cap, it'll jump to 6.8% after this year.

Braley Sponsors Student Loan Bill

CEDAR RAPIDS, Iowa - Rep. Bruce Braley on Wednesday introduced legislation that would indefinitely keep the interest rate for federally subsidized student loans at the current level of 3.4 percent.

Braley sponsors student loan bill, will visit Coe Thursday

  CEDAR RAPIDS – Rep. Bruce Braley on Wednesday introduced legislation that would indefinitely keep the interest rate for federally subsidized student loans at the current level of 3.4 percent. Braley, a Democrat representing Iowa’s First District said unless Congress takes action, student loan interest for subsidized Stafford loans will double to 6.8 percent on [...]

Stafford Loans

A 2007 law that reduced the interest rate on Stafford Loans from 6.8 percent to 3.4 percent is about to expire. Without legislative action, subsidized Stafford loans will return to the 6.8 . . .

Student loan interest rate scheduled to double in July

By: By SCOTT O’BRIEN Senior Staff Writer The interest rates on subsidized Stafford loans are expected to double in July, an increase that could heap thousands of dollars on top of an undergraduate student's debt. President Barack Obama addressed the issue in his Jan. 24 State of the Union spe... ;

Federal student loan rate set to double

Attention college students: The interest rate on federal student loans is scheduled to double this summer unless Congress acts soon. Loans taken out for the current school year carried an interest rate of 3.4%, thanks to a 2007 law that phased in rate reductions for subsidized Stafford loans to undergraduate students. But the law did not specify the rate after this year. So unless something is ...