Today is the last day on which 91-Day Treasury Bills can be auctioned prior to June 1. Why is this so important? Because the interest rates for Stafford and PLUS loans are based on this rate.
So with the information available now, it appears that
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Time to talk a little about Alternative Loans.
First let's make sure we are all talking about the same things. When I use the term “Alternative Loans” I mean loans that are taken by parents (and/or students) which are used to finance your Expected Family
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