Student Loan Prices
College freshmen taking out government student loans will pay a bigger price this fall.
Interest rates could be nearly a percentage point higher than in previous years.
Under this rate, seniors with one year of school left could pay an additional $260 in interest over a 10-year period.
But analysts say freshmen with at least four years of college ahead of them could pay more than $1,000 in interest over the life of their loans.