07.27.06 | Rate increase still making the news
It’s been nearly a month since the biggest single student loan interest rate hike, and it’s still making news. An article from Boise State University’s student newspaper explains how it’s affecting students.
They break down two loan scenarios, consolidation before going into repayment and comsolidating after; it explains exactly what it means in terms of what will be paid back over the life of the loan. Definitely a must-read for recent graduates.
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