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https://www.credible.com/blog/data-insights/us-cut-student-loan-rates/

Quote from article

The new rates on federal student loans, effective from July 1, 2019, through June 30, 2020, will be:

Undergraduates: 4.53% (down 10% from the 5.05% rate in effect during 2018-19)

Graduate students: 6.08% (down 8% from the old rate of 6.6%)

Grad and parent PLUS loans: 7.08% (down 7% from the previous rate of 7.6%)

Article also states this could mean a total of 2.9billion saved by undergraduates.



Submitted May 08, 2019 at 03:20PM by teeje21 http://bit.ly/2WrO4Jo

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