Student Loans

CHAPEL HILL, N. C.—President Biden in the coming weeks is expected to decide whether to put forward a student-loan forgiveness plan aimed in part at motivating young voters to cast ballots in November’s elections.At the University of North Carolina, and in neighborhoods across the surrounding Research Triangle area, there are signs that whatever approach he takes could leave swaths of voters dissatisfied. CHAPEL HILL, N. C.—President Biden in the coming weeks is expected to decide whether to put forward a student-loan…

College students and their families should keep an eye on the Treasury Department’s government-bond auction this week. It could influence their finances for years to come.The auction, scheduled for Wednesday, will be the main determinant of the interest rate on new federal student loans. Because bond yields have soared this year, that rate is likely to be much higher than the last time these student-loan rates were set a year ago. The higher cost is an example of how a surge in interest rates is hitting every corner of…