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Rates on Stafford, PLUS loans for college students are falling

Source: USA Today Posted By: Faye C...3469 days ago

Everybody loves a bargain. That's why some folks will travel 10 miles to save 50 cents on a gallon of milk. But if you need to borrow money for college, you don't have to drive across town to get a good deal on student loans. Starting next month, the cost of borrowing from the federal government using Stafford loans will drop for thousands of college students.
On July 1, the interest rate for new subsidized Stafford loans for undergraduate students will drop to 5.6% from the current rate of 6%.....

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