Student loan interest rates drop for the 2015-2016 school year. The new rates for federal student loans go into effect for loans taken between July 1, 2015 and July 1, 2016. The new rates will allow students to borrow at a 4.29% interest rate for subsidized and unsubsidized loans, down from 4.66% in the last academic year. Graduate students will be able to borrow at 5.84 percent, down from 6.21%, and parents can borrow at 6.84 percent, down from 7.21%.
In the following interview on WFAA Channel 8 News, Cathy DeWitt Dunn dives into the subject of student loan interest rates. Read More
Student Loans – Dallas Fox 4 News’ Becky Oliver Investigation
Fox 4 News in Dallas takes an in-depth look at the long-term impact of student loan debt. Annuity Watch USA Financial Planner, Cathy DeWitt Dunn contributes to this report.
Student loan debt in America has now surpassed a staggering $1-trillion and is still on the rise. Fox 4 News Investigator, Becky Oliver, shows the devastating effects that student loans can have, not only in the short term, but over years and even decades. Read More