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How the Federal Reserve's rate decision impacts student loan interest rates
Yahoo Finance· 2024-01-27 06:33
With another Federal Reserve meeting on the horizon, many borrowers are watching closely to see whether interest rates will change again. Student loan interest rates are influenced by a variety of factors, including the monetary policy of the Federal Reserve. But exactly how the Fed's decision to raise or lower its federal funds rate affects you depends on the type of student loans and interest rate you have. If you're concerned about rising interest rates or simply want to better understand how student ...