Rising Student Loan Interest Rates

Student loan interest rates are on the rise as we head into the 2024-2025 academic year. What does this mean for you? David Aizuss, CSLP®, explores the effect on students, graduates, and parents. Discover how student loan interest rates work and why higher interest rates could change your approach to repayment and forgiveness.

In today’s episode:

01:46 New higher interest rates for undergrad, grad school, and Parent PLUS borrowers

08:24 You shouldn’t be afraid of student loan interest

16:33 Interest rates don’t really matter if you’re pursuing Public Service Loan Forgiveness (PSLF) 

26:36 Parent PLUS borrowers face significant challenges with the loophole closing

Like the show? There are several ways you can help!

• Follow on Apple Podcasts, Spotify or Amazon Music
• Leave an honest review on Apple Podcasts 
• Subscribe to the newsletter

Feeling helpless when it comes to your student loans?

• Try our free student loan calculator
• Check out our refinancing bonuses we negotiated
• Book your custom student loan plan
• Get profession-specific financial planning

 

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!