Press

Is the interest rate on your student loan going up? Here’s what you can do about it

August 21, 2018

After years of historically low interest rates, the Federal Reserve is gradually pushing up rates again. That has implications for student loans of all types, whose rates are based on metrics that are influenced by the Fed’s decisions.

How to Prepare for Rising Student Loan Interest Rates

July 10, 2018

Student loan experts say consumers should expect interest rate hikes on federal student loans to become the new normal. College students may see higher rates each year they take out a federal loan, they say.

Borrowing for College Just Got More Expensive

July 2, 2018

Only about half of students and parents know that they aren’t guaranteed to get the same rate on federal loans each year they borrow, according to a Credible.com student loan quiz. And only 14 percent of parents and students know that Parent PLUS loans have higher rates than undergraduate or graduate loans.

State by State: Where Americans Are Best and Worst at Managing Debt

March 27, 2018

Guess what: Borrowers in poorer states sometimes do better at managing debt than those who live in more affluent areas. That’s according to a new study from Credible.com that analyzed data from 540,000 borrowers.

Getting Your Employer to Pay Off Your Student Loans

January 2, 2018

For some young employees, the most important benefit an employer can offer is not health care or 401K matching, but student loan repayment assistance. Companies are pursuing the option to lure millennial employees.

Say goodbye to low interest rates on federal student loans, at least for now

May 11, 2017

Families have been benefiting from historic lows on student loan interest rates. But that will change this fall.