Rising Student Loan Interest Rates

Published: June 18, 2024, 6 a.m.

Student loan interest rates are on the rise as we head into the 2024-2025 academic year. What does this mean for you? David Aizuss, CSLP\xae, explores the effect on students, graduates, and parents. Discover how student loan interest rates work and why higher interest rates could change your approach to repayment and forgiveness.

In today\u2019s episode:

01:46 New higher interest rates for undergrad, grad school, and Parent PLUS borrowers

08:24 You shouldn\u2019t be afraid of student loan interest

16:33 Interest rates don\u2019t really matter if you\u2019re pursuing Public Service Loan Forgiveness (PSLF)\xa0

26:36 Parent PLUS borrowers face significant challenges with the loophole closing

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