Federal Student Loan Interest Rates Jump for 2018-19
Interest rates for federal loans taken out on or after July 1, 2018 will have a significantly higher interest rate than last year. The new fixed rates will be as follows: Loan Type 2017-18 Rate 2018-19 Rate Undergraduate Stafford 4.45% 5.045% Graduate Stafford 6.00%...
What Student Loan Refinancing Can Mean for You
Private lenders are increasingly open to the idea of refinancing student loans, which can be a big benefit for the right borrower. While it’s a very dangerous option for the majority of borrowers, there can be advantages to refinancing so long as you know exactly what...