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 Agriculture

Local Dairy Industry not Concerned With Heinz Kraft Merger

Fresh
Agropur

The proposed merger of Heinz and Kraft Foods isn’t a concern for local dairy industry representatives. Agropur of Hull, Iowa…

in Local

Taxes and Fees For Roads and Bridges in SD Go Up April 1

road

The 2015 session of the South Dakota legislature has ended. Lawmakers had one final day on Monday to decide on three bills vetoed by Governor Dennis Daugaard.

in Local

South Dakota Legislative Session Ended

Bernie Hunhoff

The 2015 session of the South Dakota legislature has ended. Lawmakers had one final day on Monday to decide on three bills vetoed by Governor Dennis Daugaard.

in Local

Medicare Changes in House Budget Resolution

Kristi Noem

The US House passed a budget resolution that could make major changes in how Medicare operates.

in Local

SD Rail Service Getting Back On Track

Railroad Tracks

Access to rail car and costs were big problems for producers and elevators across South Dakota for most of the last year.