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Private Colleges Focus on Affordability
New campus affordability measures are helping to keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list
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Student-Loan Changes, With Lower Rates for Now, Are Set to Be Signed Into Law
August 9, 2013
President Obama is expected to sign legislation on Friday that will lower federal student-loan interest rates - for now, at least. The Bipartisan Student Loan Certainty Act of 2013 will allow all undergraduates to borrow at a 3.9-percent interest rate this fall and graduate students to borrow at 5.4 percent, with both rates tied to the 10-year Treasury note. The new rate for undergraduates is significantly lower than the 6.8-percent level to which the rate on subsidized loans had risen in July, after Congress failed to come to an agreement to keep it from doing so.