Wednesday, July 13, 2022

Student loan interest accumulation could change under a proposed rule. Here's what it means for you

The Biden administration has a plan to slow interest from adding to borrowers' federal student loan debt balances. A proposed change to a federal rule would limit the number of ways interest adds to the principal balance -- known as capitalization.


from CNN.com - RSS Channel https://ift.tt/V0xePgs

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