_federal-student-loan-interest-rates-hit-12-year-high-as-undergraduates-face-more-than-6-5-interest.jpg "Federal Student Loan Interest Rates Hit 12-Year High as Undergraduates Face More Than 6.5% Interest from mather high school class of 1976 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:35
👁 View: 2.5M times
✓ Published: 16-May-2024
👁 View: 2.5M times
✓ Published: 16-May-2024
Description:
The interest rate on new federal student loans for undergraduates during the upcoming academic year will be more than 6.5%, the highest in 12 years. Graduate students will see more than 8% interest rate increases, and PLUS loans will have an interest rate above 9%. The higher rates are based on the 10-year Treasury note auction held every May and are expected given the Federal Reserve's high benchmark interest rate. Biden is working on new proposals to cancel up to $20,000 in debt for borrowers whose balances grew due to unpaid interest.
The interest rate on new federal student loans for undergraduates during the upcoming academic year will be more than 6.5%, the highest in 12 years. Graduate students will see more than 8% interest rate increases, and PLUS loans will have an interest rate above 9%. The higher rates are based on the 10-year Treasury note auction held every May and are expected given the Federal Reserve's high benchmark interest rate. Biden is working on new proposals to cancel up to $20,000 in debt for borrowers whose balances grew due to unpaid interest.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_walmart-beats-expectations-with-strong-q1-earnings-driven-by-e-commerce-growth-and-higher-income-shoppers.webp "Walmart reported fiscal first-quarter earnings for 2025 that beat analyst expectations. Walmart's e-commerce sales increased 22% year-over-year in the US, driven by strong online grocery pickup and delivery. Newer businesses like advertising and Walmart+ boosted profits significantly. The retail giant expects full-year revenue and earnings to come in at the high end or slightly above previous guidance. The company is seeing more higher-income shoppers, and e-commerce now surpasses store pickup in volume.")
⏲ 0:34 👁 505K
_sun-eruption-with-powerful-x2-class-flare-footage.webp "Sunspot AR3234 blasted an X2-class solar flare. NASA's Solar Dynamics Observatory captured the fireworks in multiple wavelengths.<br/><br/>Credit: NASA/SDO/Helio Viewer | edited by Space.com's Steve Spaleta<br/>Music: Shifting Angles by Experia / courtesy of Epidemic Sound")
_federal-student-loan-interest-rates-hit-12-year-high-as-undergraduates-face-more-than-6-5-interest.webp "The interest rate on new federal student loans for undergraduates during the upcoming academic year will be more than 6.5%, the highest in 12 years. Graduate students will see more than 8% interest rate increases, and PLUS loans will have an interest rate above 9%. The higher rates are based on the 10-year Treasury note auction held every May and are expected given the Federal Reserve's high benchmark interest rate. Biden is working on new proposals to cancel up to $20,000 in debt for borrowers whose balances grew due to unpaid interest.")
⏲ 0:35 👁 2.5M
_pune-porsche-accident-cctv-shows-speeding-porsche-moments-before-crash-teens-father-arrested.webp "A tragic incident in Pune has left two people dead after a 17-year-old, speeding in a Porsche, collided with a motorbike. CCTV footage revealed the car was travelling well above the posted speed limits before the collision, which resulted in the deaths of two IT professionals from Madhya Pradesh, Aneesh Awadhiya and Ashwini Koshta. Witnesses reported that Ashwini was thrown 20 feet into the air, while Aneesh was flung into a parked car. The young driver had reportedly been drinking at a pub to celebrate his Class 12 results just hours before the crash and was driving at an estimated speed of 200 km/h. <br/> <br/> <br/>#PuneAccident #PorscheCrash #VedantAgarwal #CCTVFootage #TragicIncident #RoadSafety #JusticeForVictims #RecklessDriving #YouthCrime #PublicOutrage #LegalAction #DrinkAndDrive #RoadAccidents #PuneNews #TrafficSafety<br/>~HT.99~PR.152~ED.101~")
⏲ 3:17 👁 240K
_khabar-meher-bokhari-kay-saath-124-ary-news-124-21st-may-2024.webp "#WheatScandal #ciphercase #islamabadhighcourt #imrankhan #pmshehbazsharif #anwarulhaqkakar <br/><br/>۔Khabar - PM gives ‘clean chit’ to Caretaker Govt in wheat scandal - Meher Bukhari's Report<br/><br/>۔Wheat Import Scandal - Opposition Leader Punjab Assembly Raises Important Questions<br/><br/>۔PTI Chief Gets Big Relief in Tyrian White Case - Important Developments in Cipher Case - Report<br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.<br/><br/>Official Facebook: https://www.fb.com/arynewsasia<br/><br/>Official Twitter: https://www.twitter.com/arynewsofficial<br/><br/>Official Instagram: https://instagram.com/arynewstv<br/><br/>Website: https://arynews.tv<br/><br/>Watch ARY NEWS LIVE: http://live.arynews.tv<br/><br/>Listen Live: http://live.arynews.tv/audio<br/><br/>Listen Top of the hour Headlines, Bulletins & Programs: https://soundcloud.com/arynewsofficial<br/>#ARYNews<br/><br/>ARY News Official YouTube Channel.<br/>For more videos, subscribe to our channel and for suggestions please use the comment section.")
_gold-prices-surge-above-362440-on-rate-cut-speculations.webp "Gold prices hit an all-time high of $2,440 per ounce on expectations that the Federal Reserve will cut interest rates soon to address slowing US inflation. A weaker US dollar and comments from Fed officials hinting at rate cuts have boosted sentiment for gold as lower rates reduce the opportunity cost of holding non-yielding bullion. Market analysts say gold is benefiting from its appeal as an inflation hedge, though slowing inflation data has increased bets the Fed will ease monetary policy.")
_google-ladka-hai-ya-ladki-124124-google-mard-hai-ya-aurat-124124-funny-vedio124124-funny-family124124-funnymia124124-fu.webp "**Channel Name: FunnyMia**<br/><br/>**Description:**<br/><br/>Welcome to FunnyMia, your ultimate destination for endless laughter and joy! Dive into our collection of the best comedy videos, hilarious funny fails, and side-splitting Hindi chutkule that will leave you in stitches. Our channel is packed with mazedar jokes and entertaining cartoon videos that are perfect for viewers of all ages. Subscribe now and join the fun with FunnyMia on Dailymotion! Don't miss out on the latest viral comedy clips and laugh-out-loud moments. Get ready to giggle, guffaw, and have a great time with FunnyMia!<br/><br/>**Keywords:**<br/>- Best comedy video<br/>- Funny fails<br/>- Hindi chutkule<br/>- Mazedar jokes<br/>- Cartoon video<br/>- Dailymotion videos **Channel Name: FunnyMia**<br/>3D Animation Videos<br/>10<br/>Animated Fun<br/>10<br/>Animated Jokes<br/>10<br/>Animated Stories<br/>10<br/>Animation<br/>10<br/>Cartoon Clips<br/>10<br/>Cartoon Jokes<br/>10<br/>Comedy Central<br/>10<br/>Comedy Channel<br/>10<br/>Comedy Entertainment<br/>10<br/>Comedy Show<br/>10<br/>Comedy Sketches<br/>10<br/>Desi Comedy<br/>10<br/>Entertaining Shorts<br/>10<br/>Entertaining Videos<br/>10<br/>Family Comedy<br/>10<br/>Family Friendly<br/>10<br/>Funniest Videos<br/>10<br/>Funny Clips<br/>10<br/>Funny Entertainment<br/><br/><br/><br/>")
_dailymotion-best-comedy-vedio-funny-fails-hindi-chutkule-majedar-joks-cartoon-vediodailymotion-vedios.webp "**Channel Name: FunnyMia**<br/><br/>**Description:**<br/><br/>Welcome to FunnyMia, your ultimate destination for endless laughter and joy! Dive into our collection of the best comedy videos, hilarious funny fails, and side-splitting Hindi chutkule that will leave you in stitches. Our channel is packed with mazedar jokes and entertaining cartoon videos that are perfect for viewers of all ages. Subscribe now and join the fun with FunnyMia on Dailymotion! Don't miss out on the latest viral comedy clips and laugh-out-loud moments. Get ready to giggle, guffaw, and have a great time with FunnyMia!<br/><br/>**Keywords:**<br/>- Best comedy video<br/>- Funny fails<br/>- Hindi chutkule<br/>- Mazedar jokes<br/>- Cartoon video<br/>- Dailymotion videos")
⏲ 0:28 👁 280K
_walmart-beats-expectations-with-strong-q1-earnings-driven-by-e-commerce-growth-and-higher-income-shoppers.jpg)
_sun-eruption-with-powerful-x2-class-flare-footage.jpg)
_pune-porsche-accident-cctv-shows-speeding-porsche-moments-before-crash-teens-father-arrested.jpg)
_khabar-meher-bokhari-kay-saath-124-ary-news-124-21st-may-2024.jpg)
_gold-prices-surge-above-362440-on-rate-cut-speculations.jpg)
_google-ladka-hai-ya-ladki-124124-google-mard-hai-ya-aurat-124124-funny-vedio124124-funny-family124124-funnymia124124-fu.jpg)
_dailymotion-best-comedy-vedio-funny-fails-hindi-chutkule-majedar-joks-cartoon-vediodailymotion-vedios.jpg)
![[+]](/images/menu.gif){kind=small}