Time’s Up: Student Loan Interest Levels Set to Double

Along with record-high tuition expenses, university students will likely be squeezed by the federal federal government when interest rates double on brand new student education loans. Picture by Getty Photos Marks the deadline for a hike in student loan interest rates, an increase affecting 7 million students monday. Congress left city Friday without using action to avoid the attention rates on brand new subsidized Stafford figuratively speaking from doubling 3.4 per cent to 6.8 percent…