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Rep. Joe Courtney: Don't Let Student Loan Rates Double
On 7/1/12, interest rates on subsidized Stafford student loans will double if Congress does nothing. Borrowers taking out $23,000 in loans will see their interest balloon by an estimated $5,000 over a 10-year repayment period. student loan with low interest rate 07 Feb 2012
Student Loan Interest Rates Likely Increasing, Rep. Foxx Says
Students could see the interest rates on their student loans double this summer if Congreess does not act to extend a rate reduction passed in 2007. student loan with low interest rate 07 Feb 2012
Libor: What it means for US consumer loans
You may not think a foreign interestrate could impact the interest you pay in the U.S., but it does. From adjustable-rate mortgages to private student loans, the London Interbank Offered Rate, or Libor, has a direct effect on the amount you pay. student loan with low interest rate 07 Feb 2012
Loans.org: SOTU Proposals Could Help Americans with Student Loans
LOS ANGELES, Jan. 31, 2012 /PRNewswire/ -- This year's State of the Union address, which took place on Jan. 24, brought a series of proposals aimed at relieving the nation's problem of studentloan debt. ... student loan with low interest rate 07 Feb 2012
What the new student loan plans mean for you
Unlike a mortgage, withstudent loans you don't have a tangible asset that you can sell to pay it off and unlike credit card debt, they're notoriously difficult to get rid of even through bankruptcy. Fortunately, two new programs are starting this year to help people tackle this debt. student loan with low interest rate 07 Feb 2012