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  2. Student Loans: Here’s How You Can Transfer a Parent Plus Loan ...

    www.aol.com/student-loans-transfer-parent-plus...

    These loans are issued directly to parents and the interest rate for Parent PLUS Loans first disbursed on or after July 1, 2023, and before July 1, 2024, is currently 8.05%, according to Sallie ...

  3. Student Loan Relief: Interest Could Drop to 0% If New ... - AOL

    www.aol.com/finance/student-loan-relief-interest...

    The average public university student who takes out a federal student loan today would pay $7,800 over the standard 10-year period in interest — which represents the difference between making ...

  4. Will Student Loan Forgiveness Include Parent Plus Loans? - AOL

    www.aol.com/finance/student-loan-forgiveness...

    For the 2021-2022 school year, the Parent Plus loan has a 6.28% interest rate plus an origination fee of 4.228%,” according to the website. Discover: Do’s and Don’ts of Dollar Store Shopping ...

  5. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  7. Federal student loan consolidation - Wikipedia

    en.wikipedia.org/wiki/Federal_student_loan...

    The Federal Loan Consolidation Program was created in 1986. In 1998, the United States Congress changed the interest rate to the aforementioned fixed rate weighted mean, effective February 1, 1999. Consolidation loans taken out before that date had a variable interest rate, determined by the individual FDLP loan origination center (e.g., in the ...

  8. How Restarting Student Loan Payments Will Benefit Your Taxes

    www.aol.com/restarting-student-loan-payments...

    Some welcome news for student loan borrowers: House lawmakers introduced a bill in Congress last month to expand the existing student loan interest deduction from $2,500 in annual interest to $10,000.

  9. Student Loans: 4 Interest Rate Discounts Can Help Lower ... - AOL

    www.aol.com/student-loans-4-interest-rate...

    Here are four student loan interest-rate discounts that can help lower your monthly payments: Automatic Payment Discounts . Borrowers can cut 0.25% off their federal direct loans by signing up for ...

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