How does the Fed rate hike affect student loans?

For the first time in nine years, the Federal Reserve has raised interest rates. Borrowing costs will steadily rise for consumers and businesses. But how will your student loan repayments be impacted during this historic change? That depends on wh
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For the first time in nine years, the Federal Reserve has raised interest rates. Borrowing costs will steadily rise for consumers and businesses. But how will your student loan repayments be impacted during this historic change? That depends on wh

Lucas Daprile has been covering the University of South Carolina and higher education since March 2018. Before working for The State, he graduated from Ohio University and worked as an investigative reporter at TCPalm in Stuart, FL. There, where he won multiple awards from the Society of Professional Journalists for his political and environmental coverage.