Student loan rates are decreasing. Here's what it means for you:
For example, a college student who borrows $10,000 in federal student loans for the 2018-2019 academic school year would owe $12,757 under a standard 10-year repayment plan and current 5.05% interest rate. Under the new 4.53% interest rate, a college student who borrows $10,000 for the 2019-2020 academic school year would owe $12,454 under a standard 10-year repayment plan.
After you refinance your student loans, you will have one student loan, one monthly payment and a lower interest rate. The lower interest rate is what helps you save money each month. Thisshows you how much money you can save through student loan refinancing.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Good news for most student-loan borrowers: Interest rates are going downThe 2019-2020 academic year marks the first time in three years the rates on federal loans are set to decrease.
Lire la suite »
Student loan rates are dropping. Here's what you need to knowStudent loan rates will go down next academic year. Here's what they'll be
Lire la suite »
Parents Owe $89 Billion In Student Loans - Here's What To Do About ItParents owe $89 billion in student loans. Here's what to do about it:
Lire la suite »
U.S. Student-Loan Program Now Runs Deficit, CBO EstimatesU.S. officials no longer think the government will make money off the federal student-loan program and now project it will cost taxpayers tens of billions of dollars in coming years.
Lire la suite »
Lawmakers Plan Would Let Borrowers Cancel Student Loans in BankruptcyThe proposal would enable bankrupt student loan borrowers to cancel that debt along with medical bills, credit-card debt and other payment obligations. Erasing student loans while in bankruptcy is very difficult, even for borrowers who face extreme financial difficulties.
Lire la suite »
How the student loan 'grace period' can actually make your debt problem worseHow the student loan 'grace period' can actually make your debt problem worse via CNBCMakeIt
Lire la suite »
Boeing's stock drops after Barclays cuts rating and price target, citing risk of flier avoidanceShares of Boeing Co. dropped 1.3% in morning trade Tuesday, after Baclays abandoned its bullish stance on the aerospace giant, citing concerns that fliers...
Lire la suite »
One student dead in shooting at suburban Denver school, police say; seven other students injuredMultiple injuries are reported at a suburban Denver school as police responded to reports of gunshots, according to law enforcement authorities.
Lire la suite »
Jeremy Siegel: Stocks could drop 10% to 20% if China and US 'dig in' on trade warStocks could drop 10% to 20% if the United States and China both dig in during trade talks, according to finance professor at the Wharton School Jeremy Siegel.
Lire la suite »
20 Cozy Pants You Won't Survive The Summer WithoutWho Needs Skirts And Dresses When You Have These 22 Summer Pants?
Lire la suite »