All of the rates of interest to own figuratively speaking regarding federal head mortgage program try broadening by the 0.sixty percentage things with the 2018-19 college 12 months weighed against financing borrowed having 2017-18. Simple fact is that 2nd consecutive 12 months you to definitely cost have remaining upwards having government college loans.
Beginning July step 1, the brand new government direct education loan interest rate are 5.05%, a great 13% raise out-of just last year. Continue Reading