The department, citing high default rates, is reducing interest rates on federal student loans by up to one percentage point for two years.
Education Department Lowers Student Loan Interest Rates for Two Years
Originally reported by New York Times. Read the full story at the original source.
Related Articles
‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds
Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchersThe envir...
Foreign Office drops 'do not travel' advice for UAE
Foreign Office drops 'do not travel' advice for UAEJust nowShareSaveAdd as preferred on GoogleiStock / Getty I...
Finance-help scheme 'unlocks £1.4m' for residents
Finance-help scheme 'unlocks £1.4m' for residents23 minutes agoShareSaveAdd as preferred on GoogleClare Lissam...
CrossCountry ranked Britain's worst train operator
CrossCountry ranked Britain's worst train operator46 minutes agoShareSaveAdd as preferred on GoogleCrossCountryCros...