student loans

Politics & Government
1:00 am
Fri June 28, 2013

Student Loan Interest Rates Set to Double Unless Congress Acts

Decisions needed regarding federal role in student loans

The interest rate on student loans is set to double Monday, if Congress fails to act. Right now, the rate on federal Stafford loans is 3.4 percent, but it would jump to 6.8 percent.

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Student debt
3:02 pm
Fri May 10, 2013

Graduating into Debt

Bethany Cressey, Lyla Goerl, Sarah Johnson with Aiden & Marissa Mielke plan their next steps
Credit Faith Lenard

May is a watershed month for graduating college students. Another will approach in six months, when those entering the work world must begin repaying student loans.

Americans carry more student debt than credit card debt, according to the Consumer Financial Protection Bureau. The UW System calculates the average undergraduate debt at more than $30,000.

Three UWM seniors realize they owe, although none seems sure of how much.

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Education
5:05 pm
Mon August 20, 2012

Extra Credits Add to Student Loan Debt

Students at the University of Whitewater graduate with on average 136 credit hours.

Whether you are in the process of paying back student loans or just beginning to figure out how to pay for college, there is no question it is expensive. The average cost of attending a four-year UW system school, including tuition, fees, room and board and books totals around $17,500 a year. The number of loans students have taken out over the past decade has tripled, and now account for more than a trillion dollars former students must repay. WUWM’s LaToya Dennis has learned about one specific factor that adds to the cost of a college education - students graduating with more credits than needed.

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