[ Dallas, TX – October 28th ] The Obama administration announced last Wednesday that it had finalized its plan to loosen the credit requirements needed to obtain federal PLUS loans. Under the new regulations, which will take effect next year, it will be easier for students and parents with damaged credit histories to take out […]
loans
Starting today, student loan rates will double
Due to the failure of Congress to act, student loan interest rates will double from 3.4 to 6.8 percent. The increase will affect the interest rate on subsidized Stafford Loans, which are heavily used by undergraduates with financial need. More than 7 million college students will be affected as lawmakers work hard to reach a […]