This college loan interest rate issue

Comment #6

JAP69 — Fri, 20 Apr 2012 17:10:56 GMT

Comment #5

JAP69 — Fri, 20 Apr 2012 17:08:26 GMT

I looked over the gov't site for info on interest rate fluctuation from year to year. Could not find much except the year to year interest rate at time of application for undergraduate loans.

Comment #4

sully16 — Fri, 20 Apr 2012 16:57:35 GMT

The government shouldn't be in the student loan business to begin with.

Comment #3

time*treat — Fri, 20 Apr 2012 16:14:51 GMT

You mean like "fairness"? ;-)

Comment #2

JAP69 — Fri, 20 Apr 2012 16:05:16 GMT

Looking at the loan window on the 3.4% I would think that rate would only apply for that loan given at that time. <br

Comment #1

time*treat — Fri, 20 Apr 2012 15:58:21 GMT

I think that number would include people with new loans, and also those who already had loans active.

Original Blog Entry: This college loan interest rate issue

JAP69 — Fri, 20 Apr 2012 15:41:55 GMT

http://www.politico.com/politico44/

excerpt;

More than 7.4 million students with federal student loans

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http://www2.ed.gov/offices/OSFAP/DirectLoan/student.html

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http://www.usnews.com/education/best-colleges/the-short

-list-college/articles/2011/11/29/10-universities-with-the

-most-undergraduate-students

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comment by jap69

I would like someone clear up the facts of the student loan thing here for me.

7.4 million students when the loans were targeted to undergraduates.

The undergaduate student loan window was, is

first disbursement date between July 1, 2011, and June 30, 2012:

Was there 7.4 million undergraduate loans given in that time frame?

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