Local

Loan Rates Stabilized

Photo: clipart.com

Loan Rates Stabilized

Interest rates on student loans have stabilized for the moment, although nothing is official yet. The rate break on subsidized loans expired on July first with interest jumping to six point eight percent. Congress then brokered a deal to lower those rates. Julie Pier is the Director of Financial Aid at the University of South Dakota…

Pier says they are working on some interest rate assumptions…

She says borrowers don’t have to do any additional paperwork as the rates will be set retroactively. Pier says they have not seen much change in the number of students looking at financial aid…

She says over sixty percent of students enrolled at USD use at least some type of student loan.

Recent Headlines

in National

Divided House abandons vote on border bill

immigration

Congress will take a five-week vacation without addressing the immigration crisis.

in Local

Weekend Safe Driving Campaign Kicks Off Friday

police lights

South Dakota Highway Patrol officers will be joined by local law enforcement to reduce the number of deaths along Interstate 90.

in Local

Nebraska Seeking Assistance from SBA

money in hand

Governor Dave Heineman has sent a request to the Small Business Administration for assistance to help home and business owners recover.

in Local

Office of School and Public Lands Sees Increased Revenues

SchoolKids

Deputy Commissioner, Ryan Brunner, says the office was able to return more money to South Dakota's public schools.

in Local

Lawsuit Against President Supported by South Dakota Representative

Kristi Noem 20513

Congresswoman Kristi Noem supports a move to sue the President.