Wednesday, May 29, 2024
HomeBusinessEducation Dept. announces 2024-25 interest rates on student loans

Education Dept. announces 2024-25 interest rates on student loans


The US Department of Education sign hangs over the entrance to the federal building housing the agency’s headquarters in Washington, D.C., Feb. 9, 2024.

J. David Ake | Getty Images

The U.S. Department of Education announced on Tuesday the interest rates on federal student loans for the 2024-2025 academic year.

The interest rate on federal direct undergraduate loans will be 6.53%. That’s the highest rate in at least a decade, according to higher education expert Mark Kantrowitz.

This is breaking news. Please check back for updates.



Source link

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Translate ยป