• Student loan interest rates to double

    Updated:

    CENTRAL FLORIDA - College students will have to start paying more on their student loans.

    Congress left for the Fourth of July holiday Friday without a solution to stop interest rates from doubling on student loans Monday.

    Interest rates will go from 3.4 percent to 6.8 percent.

    That would add about $3,000 to the interest $23,000 loan repaid over 10 years.


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