Lower interest rates for student loans - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Lower interest rates for student loans

NewsChannel 10

Students in need of a loan will soon be getting a break.

The lender Sallie Mae is lowering the interest rates it charges on private student loans as a way to generate more business.

Sallie Mae has reportedly seen a drop in private education loans over the past few years, as lending standards got tougher and many students opted for cheaper schools.

  • Money & BusinessMore>>

  • Bookings for Southwest fall after fatal accident

    Bookings for Southwest fall after fatal accident

    Thursday, April 26 2018 8:48 AM EDT2018-04-26 12:48:56 GMT
    Thursday, April 26 2018 11:19 AM EDT2018-04-26 15:19:35 GMT
    (AP Photo/Ted S. Warren). In this April 13, 2018, photo, a Southwest Airlines plane taxis at the Seattle-Tacoma International Airport in Seattle. Southwest Airlines Co. reports earns on Thursday, April 26, 2018.(AP Photo/Ted S. Warren). In this April 13, 2018, photo, a Southwest Airlines plane taxis at the Seattle-Tacoma International Airport in Seattle. Southwest Airlines Co. reports earns on Thursday, April 26, 2018.
    Lower income taxes help Southwest Airlines overcome cheaper tickets and higher costs for fuel and labor.
    Lower income taxes help Southwest Airlines overcome cheaper tickets and higher costs for fuel and labor.
  • Southwest has been faced with fines, union safety complaints

    Southwest has been faced with fines, union safety complaints

    Tuesday, April 24 2018 10:06 AM EDT2018-04-24 14:06:14 GMT
    Wednesday, April 25 2018 6:39 AM EDT2018-04-25 10:39:00 GMT
    (AP Photo/Ross D. Franklin, File). FILE - In this April 4, 2011 file photo, a Southwest Airlines plane sits in a remote area of the Yuma International Airport, after the plane had a section of fuselage tear from the plane during a flight in Yuma, Ariz....(AP Photo/Ross D. Franklin, File). FILE - In this April 4, 2011 file photo, a Southwest Airlines plane sits in a remote area of the Yuma International Airport, after the plane had a section of fuselage tear from the plane during a flight in Yuma, Ariz....
    Until last week, Southwest Airlines had a string of 47 years without a passenger dying in an accident, but it has also paid millions in fines over safety.
    Until last week, Southwest Airlines had a string of 47 years without a passenger dying in an accident, but it has also paid millions in fines over safety.
  • Get Into My Car ... Amazon begins delivery to vehicles

    Get Into My Car ... Amazon begins delivery to vehicles

    Tuesday, April 24 2018 7:45 AM EDT2018-04-24 11:45:58 GMT
    Tuesday, April 24 2018 10:46 AM EDT2018-04-24 14:46:44 GMT
    (AP Photo/Mark Lennihan, File). FILE- In this May 9, 2017, file photo, a package from Amazon Prime is loaded for delivery in New York. Last year, the online retailer introduced a system for letting people delivering packages into customers’ homes. Now,...(AP Photo/Mark Lennihan, File). FILE- In this May 9, 2017, file photo, a package from Amazon Prime is loaded for delivery in New York. Last year, the online retailer introduced a system for letting people delivering packages into customers’ homes. Now,...
    Amazon begins delivering packages to newer General Motors and Volvo vehicles owned by Prime members.
    Amazon begins delivering packages to newer General Motors and Volvo vehicles owned by Prime members.
Powered by Frankly