About 70% of college students rely on loans to finance their education, according to the Urban Institute. And while federal student loans offer lower rates and more hardship relief options, they're ...

WASHINGTON, DC - JULY 04: U.S. President Donald Trump, joined by Republican lawmakers, signs the One, Big Beautiful Bill Act into law on the South Lawn of the White House on July 04, 2025 in ...

Nearly 8 million student loan borrowers in the federal program known as SAVE will see interest start to rack up again on Aug. 1, the Trump administration announced this week. Education Secretary Linda ...

Millions of people with student loans who had signed up for a Biden-era repayment plan will start seeing interest accrue to their accounts starting today, Aug. 1, a change that could result in an ...

Millions of student loan borrowers who were enrolled in a Biden-era repayment plan will soon see their monthly payments increase after the current administration restarted interest accrual Aug. 1.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. PixeloneStocker / Getty Images ...

A new bipartisan proposal in Congress aims to slash interest rates on federal student loans to just 2%, a dramatic drop from the 6% to 9% rates that most borrowers have today. The bill — officially ...

The Student Loan Certainty Act of 2013 created new standards for interest rates on federal student loans. Prior to 2013, different federal loan programs offered students and their families a wider ...

You may be able to get a lower rate by refinancing, qualifying for rate discounts or negotiating with your student loan lender Written By Written by Contributor, Buy Side Rebecca Safier is a ...

Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out a loan from a financial institution (student loan, auto loan, mortgage, ...

Interest is the amount of money you must pay to borrow money in addition to the loan's principal. It's also the amount you are paid over time when you deposit money in a savings account or certificate ...