student loans http://kuer.org en Student Loan Interest Rates Set to Double http://kuer.org/post/student-loan-interest-rates-set-double <p>Student loan interest rates are set to double on Monday after members of Congress failed to agree on how to keep costs down before a July 1 deadline.&nbsp;</p><p><span style="line-height: 1.5;">Next week, interest rates on Federal Subsidized Stafford loans will jump from 3.4 percent to 6.8 percent.John Curl is director of financial aid and scholarships at the University of Utah, where he says student’s take out between 9 and 10,000 individual subsidized loans each year. But he says they won’t feel the sting of higher interest rates until after graduation.</span></p> Fri, 28 Jun 2013 23:06:48 +0000 Whittney Evans 31650 at http://kuer.org Student Loan Interest Rates Set to Double