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BERKELEY'S NEWS • FEBRUARY 01, 2023

Ring in the New Year with our 2023 New Year's Special Issue!
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student loans

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Students have good news and bad news. Let’s start with the good news. On June 29, Congress reached an agreement to keep student loan interest rates at 3.4 percent, two days before they were scheduled to double. Then there’s the bad news. The federal government is removing the six-month interest grace period for student loans, undergraduate and graduate, and will no longer cover interest on graduate student loans.
Students have good news and bad news. Let’s start with the good news. On June 29, Congress reached an agreement to keep student loan interest rates at 3.4 percent, two days before they were scheduled to double. Then there’s the bad news. The federal government is removing the six-month interest grace period for student loans, undergraduate and graduate, and will no longer cover interest on graduate student loans.
The federal government will no longer be covering interest on graduate student loans, and will also remove the six month interest grace period included with these student loans.
The federal government will no longer be covering interest on graduate student loans, and will also remove the six month interest grace period included with these student loans.
On Tuesday U.S. Senate leaders announced they have reached a deal that will allow them to avoid increasing student loan interest rates, just five days before the rates were set to double.
On Tuesday U.S. Senate leaders announced they have reached a deal that will allow them to avoid increasing student loan interest rates, just five days before the rates were set to double.
President Barack Obama and college students around the country continue to push for congressional action to stop the doubling of student loan interest rates.
President Barack Obama and college students around the country continue to push for congressional action to stop the doubling of student loan interest rates.
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