[Note: The interest rate towards the backed government Stafford financing for students doubled towards the Saturday, July step 1, ascending of step three.cuatro per cent to six.8 percent. It’s still undecided if or not Congress will allow the rise to stand till the the fresh new school 12 months gets around method. Below is actually our earlier explainer on the topic.]
Congress was, of course, up against a due date. Cost for the certain student education loans are ready so you can double towards the July step one if this doesn’t work. How much does this issue, also to which? Let’s crack it down.
It comes down in ...
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