US Doubles Student Loan Interests

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US student debt, which recently surpassed a trillion dollars, may become an even greater burden on university students. Today, the interest rate for a federal student loan doubled from 3.4 per cent to 6.8 per cent because US lawmakers were unable to come to an agreement prior to its Independence Day recess.

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This entry was published on July 2, 2013 at 12:13 pm. It’s filed under News, politics, StaffPick, video and tagged , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post.

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