The Student Loan Certainty Act of 2013 created new standards for interest rates on federal student loans. Prior to 2013, different federal loan programs offered students and their families a wider ...

The interest rate on a federal undergraduate student loan for the 2025–2026 academic year is 6.39%. If you're looking to take ...

・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...

Before you borrow for college, it’s important to understand how federal and private student loans differ. Federal student loans have fixed rates set annually by the government and everyone who borrows ...

If you’ve got federal student loans, there are some big changes you need to know about. Interest has started up again for millions of borrowers, and for many, the first step is figuring out where ...

The move could add thousands to a borrower's total payments, one expert said. The borrowing cost for student loans is poised to reach a 16-year high. The interest rate on a federal undergraduate ...

As if student debt wasn't already crippling enough, interest rates on federal loans are set to jump higher. In fact, "federal student loan interest rates will reach record heights for the 2024-25 ...

Add Yahoo as a preferred source to see more of our stories on Google. Roughly 8 million student loan borrowers will see their interest charges restart next month, the Department of Education announced ...

Interest rates on student loans have been updated to the highest level in 16 years. Federal education loans disbursed after July 1, 2024, are subject to the new rates following an update from the ...

Paying off student loans early can save you thousands of dollars in interest. By prepaying your student loans, you could free up money for other financial goals. Paying off student loans early may not ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...