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If you have a student loan, here’s what happens when the Fed lowers rates

6/9/2020

2 Comments

 
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If you borrowed money to attend college, you most likely won’t feel any impact when the Federal Reserve cuts interest rates.

​That’s because most of the 45 million Americans with student loan debt have fixed interest rates, meaning the amount they pay is locked in for the life of their loan. Even then, the majority of borrowers have federal student loans, and Congress determines those interest rates, not the U.S. central bank.

Read more

https://www.bankrate.com/loans/student-loans/how-fed-rate-cut-impacts-student-loans/

Dr. J Real Talk

Consultant discussing business, ed tech, and life. Follow me on social media @DrJRealTalk ​ 

2 Comments
https://www.dissertationhqhelp.com/pro-papers-com-review-2-10/ link
7/27/2020 03:53:55 pm

I can still remember the days when I am studying and there are different lessons that I needed to understand, not just in school, but the lessons that I needed to apply for me to have a good life as well. There are different questions and I often ask the people around me about the different trials that I face everyday. I want to have a good life, a life that is filled with happiness and peace. This post talks about the effects of loans how as a student how we can handle it. I am sure that there will be enough inquiries and answers for us.

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