Student Loan Interest Rates Double
Congress sets the interest rate for subsidized Stafford loans. An inability to come to a long-term agreement on rates resulted in the rate doubling
From: KSTP
Related topics : subsidized loan interest rate / interest rates loan / student loan rates
Sen. Moran Statement on Senate Passage of Student Loan Interest Rate Bill
U.S. Senator Jerry Moran (R-Kan.) released the following statement today after Senate passage of the bipartisan agreement to address federal student loan interest rates. The legislation reverses the July 1, 2013, rate hike on subsidized Stafford loans, and provides a permanent solution for interest rates on all new student loans taken out after July 1.
From: Jerry Moran
Related topics : subsidized loan interest rate / interest rates loan / student loan rates / federal student loan
Congress inaction to double student loan rates
Congress faces July 1 deadline on doubling interest rate on subsidized student loans and if it doesn't act, interest rates on new federally subsidized student loans will increase from 3.4% to 6.8% on July 1. That means that low income students have no choice other than go to a college and do something themselves or to join Armed Forces and there is no bankruptcy protection for the loans, as Stef Gray, consumer advocate told RT.
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From: RT America
Related topics : subsidized loan interest rate / student loan rates / federal student loan / low rate loans
Subsidized and Unsubsidized Loans
Subsidized and Subsidized Loans
To get either sort of advance, you should be enlisted at any rate half-time at a school that takes part in the Direct Loan Program. For the most part, you should likewise be enlisted in a system that prompts a degree or declaration granted by the school. Direct Subsidized Loans are accessible just to college understudies who have money related need. Subsidized and Subsidized Loans
Subsidized and Subsidized Loans
From: All Support
Related topics : loan subsidized and unsubsidized / direct loan subsidized
Reed: Congress Must Act to Block Interest Rate Hikes on Student Loans
U.S. Senator Jack Reed urges his colleagues to support his legislation to prevent interest rate hikes on college loans. Unless Congress acts, subsidized Stafford student loan interest rates will double from 3.4 to 6.8 percent on July 1, 2012, saddling student borrowers with an additional $6.3 billion in interest payments.
From: SenJackReed
Related topics : subsidized loan interest rate / interest rates loan / interest student loan / student college loan
From the Mail Bag: Student Loans
From his office in Washington, Congressman Hultgren responds to e-mails from two constituents concerned about subsidies for student loan interest rates. The current 3.4% subsidized Stafford Loan interest rate is set to expire on July 1, 2012, but the House of Representatives has passed a solution.
From: RepHultgren
Related topics : subsidized loan interest rate / interest rates loan / interest student loan
Efforts to cut student loan interest rates fail
Senators fail to overcome a procedural hurdle, leaving student interest rates on subsidized student Stafford loans at 6.8 percent. The rates doubled on July 1 because Congress was unable to send a bill to President Barack Obama. (July 10)
From: Windsor Star
Related topics : subsidized loan interest rate / student loan rates
Efforts to Cut Student Loan Interest Rates Fail
Senators fail to overcome a procedural hurdle, leaving student interest rates on subsidized student Stafford loans at 6.8 percent. The rates doubled on July 1 because Congress was unable to send a bill to President Barack Obama. (July 10)
From: Associated Press
Related topics : subsidized loan interest rate / student loan rates
4 Options For Choosing Between Federal Student Loans
According to Federal Student Aid, borrowers don't start paying on federal student loans until after they leave college, while many private student loans require payment during college. Federal student loans often have low, fixed interest rates, while the interest rates on many private student loans are higher and subject to change. But there isn't just one student loan to choose from. Four federal student loans to consider; Direct Subsidized Loan, Direct Unsubsidized Loan, Federal Perkins Loan,...
From: Wochit News
Related topics : federal student loan / student college loan / low rate loans
Interest rates for Stafford loans rise
Interest rates on subsidized Stafford loans for students will double on Monday.
From: WWLP-22News
Related topics : subsidized loan interest rate / interest rates loan / student loan rates