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  • How the Fed rate hike affects student loans

    For the first time in nine years, the Federal Reserve has raised interest rates. Borrowing costs will steadily rise for consumers and businesses. But how will your student loan repayments be impacted during this historic change? That depends on what type of student loans you have.

How the Fed rate hike affects student loans

For the first time in nine years, the Federal Reserve has raised interest rates. Borrowing costs will steadily rise for consumers and businesses. But how will your student loan repayments be impacted during this historic change? That depends on what type of student loans you have.
Cristina Rayas McClatchy