The percentage is based on the 10-year Treasury note, which has been on the rise while the Federal Reserve keeps interest rates high until inflation comes down.
The government sets interest rates on its education loans once a year. The rate, which runs from July 1 to June 30 the following year, is based in part on the May auction of theAs a result, federal student loan
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: