Student Loan Prices

Graduation Cap College Costs

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.

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