Stafford loan interest rates could increase

2013-04-29T19:04:37+00:00

Certain students may pay higher college-loan interest rates if Congress does not work to prevent mandatory cuts. Future interest rates on subsidized Stafford loans will increase by one hundred percent, from 3.4 percent to 6.8 percent, if Congress does not pass a bill keeping the rates as they are by the deadline on July 1. [...]