Federal student loans will be more expensive for 2021-22 school year. Even so, borrowers will still see some of the lowest student loan interest rates of the past decade. Interest rates for new undergraduate federal student loans will rise from 2.75% to 3.73% for 2021-22. The interest rate for undergraduate loans, as well as graduate…
The article Federal Student Loan Interest Rates to Increase July 1 originally appeared on NerdWallet.