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Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market. The interest rates for the 2013–2014 academic year are as follows: 3.86% for undergraduate Stafford Loans (both subsidized and unsubsidized) 5.41% for graduate Stafford Loans [6]
There are a number of student loan forgiveness programs out there for people who work in public service, education, health care and other fields. If you’re struggling with debt, we’ve done the ...
When the White House announced President Biden's student loan forgiveness plan on Aug. 24, there were murky details and key questions left unexplained and unanswered. See Our List: 100 Most...
President Joe Biden announced the much anticipated and (mostly) widely lauded administration's plan for loan forgiveness on Aug. 24. However, beyond the framework announced at the time, details are...
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
A loan waiver is the waiving of the real or potential liability of the person or party who has taken out a loan through the voluntary action of the person or party who has made the loan. [1] Examples of loan waivers include the Stafford Loan Forgiveness program in the United States and the Agricultural Debt Waiver and Debt Relief Scheme in India