Colleges News & Trends

Increased Federal Student Loan Interest Rates: What it Means for Student Borrowers

college news & trends

6/20/2017 In May, Congress announced that the interest rates for federal student loans would be increasing. Starting effective July 1st, 2017 the rate for Direct Subsidized and Direct Unsubsidized Loans for undergraduate students will rise to 4.45%. For graduate students, the increase is going up to 6%. What it Means for Borrowers Starting July 1st, …

How Trump’s Proposed Budget Would Change Income-Driven Student Loan Repayment Plans

college news & trends

6/1/2017 The president’s administration recently released his proposed education budget plans, and though Congress has yet to accept or deny the proposal, people on all sides are talking about the implications of the plan. In addition to the proposed elimination of the Public Student Loan Forgiveness programs (PSLF), the budget also calls for raising the …

What Trump’s New Budget Proposal Might Mean for the Public Student Loan Forgiveness Programs

college news & trends

5/25/2017 The Trump administration’s recently revealed education budget has certainly stirred up conversations on all sides. Among the many proposed cuts and program adjustments is the Public Student Loan Forgiveness program. What is the Public Student Loan Forgiveness Program? The PSLF, introduced in 2007, is a federal program that forgives the federal loan debts of …