- Special Sections
- Dawgs Deals
Federal student loan interest rates are set to double on Monday.
Unless Congress agrees to a last-minute deal, the rate for federal subsidized Stafford loans, which currently sits at 3.4 percent, will double to 6.8 percent.
The interest hike will affect all new student loans â€” existing loans will keep their current rates.
To subscribe to the E-edition, please click here.