Some Federal Student Loan Interest Rates at Record Highs

July 2, 2024 – In an article for NerdWallet about how some federal student loan rates are at record highs, Stacey MacPhetres, senior director of education finance at EdAssist by Bright Horizons, discusses tips to keep borrowers’ costs down.

Evaluate your family’s capacity to pay out of pocket or consider using some savings or investments to cover education bills this year, MacPhetres says. “We’re really trying to encourage everybody to exhaust all of their other options before borrowing at all, which includes federal student loans.”

Read the article here.