As the Federal Reserve is believed to be raising rates another quarter-point this week — making the rate 2.5 percent — I wonder if it will stop to consider the effect that its interest rate hikes have had on the $1.5 trillion student loan market and its 44 million borrowers.
Similar Stories to Obscene Interest Rates Continue To Bury Students In Loan Debt on Bing News
Jonathon Trugman, New York Post: Business
Sun, 12/16/2018 - 4:04am
BING NEWS:
- Private student loan interest rates fall for 10-year loans
For 10-year fixed private student loans, interest rates fell by over a full percentage point, while 5-year variable student loan interest ticked up by nearly half a percentage point.
05/1/2024 - 8:16 am | View Link - Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” ...
05/1/2024 - 7:44 am | View Link - The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what that means for your money
The Federal Reserve held rates steady at the end of its two-day meeting Wednesday, delaying the start of rate cuts and any relief from sky-high borrowing costs. For consumers, it generally won't get ...
05/1/2024 - 7:01 am | View Link - Best Student Loan Rates of May 2024
How To Qualify for a Lower Student Loan Interest Rate Federal loans come with fixed rates, so there’s nothing you can do to qualify for a lower rate. However, when you apply for a private student loan ...
04/25/2024 - 5:47 am | View Link - Private student loan interest rates continue upward surge
For 10-year fixed private student loans, interest rates rose by over a full percentage point, while 5-year variable student loan interest ticked up by more than a third of a percentage point.
04/24/2024 - 8:04 am | View Link - More
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