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Interest rate for US’s student loan jump! Student DEBT dealt? In the United States, student loans are responsible for the most debt in the country and have surpassed credit cards by recently reaching the trillion mark. On July 1, interest rates on government subsidized loans are set to jump to 6.8 percent, but the [...]

On July 1, Congress saved college students from doubling loan interest rates, but other parts of the deal weren’t so good. Students will now pay interest on loans while they are still attending college and will no longer be given a grace period once they graduate. Kyle McCarthy, director of community outreach for Default, joins [...]

Student loan debt has surpassed the trillion mark and in July things can get a little trickier for college grads struggling to pay off their school loans. If Congress doesn’t act fast, interest rates on government subsidized loans can potentially increase two-fold by July First. President Obama has publicly addressed Congress in hopes of [...]

Millions of college grads are finding it extremely difficult to pay off their student loans, but come this July Congress may make things a little harder. Interest rates on government subsidized loans are set to double if Congress doesn’t act quickly. So can Congress save millions from the student debt trap? Sam Knight, producer for [...]

On July 1, Congress saved college students from doubling loan interest rates, but other parts of the deal weren’t so good. Students will now pay interest on loans while they are still attending college and will no longer be given a grace period once they graduate. Kyle McCarthy, director of community outreach for Default, joins [...]