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  2. Loan default rates and student loan repayment - AOL

    www.aol.com/finance/loan-default-rates-student...

    Debt and delinquencies could rise. About 40 percent of borrowers missed their first student loan payment in October 2023, according to the Department of Education. Though late or missed payments ...

  3. What is student loan refinancing and how does it work? - AOL

    www.aol.com/finance/student-loan-refinancing...

    Student loan refinancing involves taking out a new loan to pay off one or more of your current student loans and streamline the repayment process. It can provide a lower interest rate, extend your ...

  4. Student Loan Interest Rates for June 2022 - AOL

    www.aol.com/student-loan-interest-rates-june...

    These student loan interest rates are set each year by Congress, based on the high yield of the 10-year Treasury note auction in May. The new rate applies to loans disbursed from July 1 to June 30 ...

  5. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still ...

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

  7. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

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