Student Loan Rates Increase Today — Here’s Why And What To Do

Student Loan Rates Increase Today — Here’s Why And What To Do

Student loan charges will rise beginning as we speak.

Here’s what you could know — and what to do about it.

Student Loans

Student loans are about to grow to be dearer for the upcoming college 12 months. Here are the brand new charges for any federal student loans borrowed after July 1, 2021:

Undergraduate Student Loans (Subsidized and Unsubsidized)

  • Current Rate: 2.75%
  • New Rate: 3.73%

Graduate Student Loans (Unsubsidized)

  • Current Rate: 4.30%
  • New Rate: 5.28%

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