Published August 2013. Financial aid and student loan rules change often, so some details may be out of date. Ask us about your situation.
On August 9, President Obama signed into law the student loan deal that lowers rates on new federal student loans.
As President Obama stresses in the video above, there’s still more work to be done to make college more accessible and affordable for students, but it’s a start.
Check out these 6 things to know about the new student loan deal.