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2. Federal student loan rates just hit their highest point in ...

   www.aol.com/finance/education-department-unveils...

   The U.S. Department of Education’s newly announced federal student loan interest rates for the 2024-25 academic year broke longstanding records. Experts and policymakers alike predicted a jump ...

3. Federal vs. private student loans: What’s the difference? - AOL

   www.aol.com/finance/federal-vs-private-student...

   Federal student loans. Private student loans. Interest rates. 5.50% to 8.05% for loans disbursed before July 1, 2024. 6.53% to 9.08% fixed for loans disbursed after July 1, 2024.

4. Issues in higher education in the United States - Wikipedia

   en.wikipedia.org/wiki/Issues_in_higher_education...

   In May 2024, the Department of Education announced that the student loan interest rate for the 2024–2025 academic year would be 6.53% for undergraduate loans, 8.08% for postgraduate loans, and 9.08% for PLUS Loans, which was the highest undergraduate rate in more than a decade and the highest postgraduate and PLUS Loan rates in more than two ...

5. Banks and Student Loans: 9 Things You Need To Know - AOL

   www.aol.com/finance/banks-student-loans-9-things...

   When you think about getting a student loan, you might not consider going through a bank. As of 2024, only 8.84% of student loan debt belongs to private lenders, while the rest is federal. However,...

6. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   The federal student loan program was criticized for not adjusting interest rates according to factors under students' control, such as the choice of academic major. Critics have contended that flat-rate pricing contributes to inefficiency and misallocation of resources in higher education and lower productivity in the labor market. [ 15 ]

7. How the Fed rate changes impact student loan interest rates - AOL

   www.aol.com/finance/fed-rate-hikes-impact...

   When it comes to federal student loans, interest rates are determined by Congress each year. This interest rate is valid from July 1 of the current year until June 30 of the following year and is ...