Student Loan News – May 02, 2014
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 02, 2014 Student Loan News: 1. Student Loan Interest Rates to Rise With 10-Year Treasury Note: College students in the U.S. who take out federal loans are likely to see interest rates jump — potentially by a percentage point or more — in the coming academic year. Last year, the government began to peg rates on most student loans to the Treasury 10-year note. Stafford loans, the most widely borrowed, carried an undergraduate rate of 3.86 percent for the 2013-2014 school year. In the past three months, the 10-year yield has traded 0.80 to 1 percentage point higher than a year ago, which means education borrowing costs may rise. […]