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®, 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's episode:
01:46 New higher interest rates for undergrad, grad school, and Parent PLUS borrowers
08:24 You shouldn't be afraid of student loan interest
16:33 Interest rates don't really matter if you're pursuing Public Service Loan Forgiveness (PSLF)
26:36 Parent PLUS borrowers face significant challenges with the loophole closing
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