International Student Blog

International Student Blog

Stafford Loan Interest Rates Increase Today

July 1st, 2013 by Jonathan Frankel
Stafford Loan Interest Rates Increase Today

Breaking News: The date, long dreaded by college students and campus administrators around the US, has finally arrived. Thanks to congressional inaction, students who take subsidized government loans after Monday, July 1st will see their interest rates double from 3.4% to 6.8%. Bottom Line: That means that the already high burden of student loan debt…

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