- The Grand Budapest Hotel
- First African-American faculty member speaks at UAB
- UAB Relay for Life All-Night Event on the Green Starts Friday
- The Nile Project to be in residence at UAB’s Alys Stephens Center in 2015
- Libertarian Gary Johnson joins Tuesday panel for Earth Month
- Jalapeno Popper Pull Apart Bread
- Women’s Softball vs Tulsa a rain victim
- UAB, UAH student groups to host sustainability debate
- Captain America: The Winter Soldier
- UAB Celebrates Earth Month
- Cellular Stress May Prevent Alzheimer’s Disease
- Blazers Defeat Gamecocks
- Study War No More
- 2014-2015 UAB USGA General Election Results
- Celebrate Asian & Pacific Islander Heritage Month
Back to school Return of worry for some students
The federal government allowed the doubling of interest rates on college federal loans to 6.8%.
Democrats won a protection for students that rates would never climb higher than 8.25% for undergraduate students. Graduate students would not pay rates higher than 9.5%, and parents’ rates would top out at 10.5%.
Increasing rates aren’t the only thing on student’s minds.
“It’s hard enough thinking about paying back your loans when you’re done. You have to survive being broken the enire time,” said Aaron Powell, junior at UAB.
Adding up all the costs – supplies, clothes, shoes and electronics – highlights how expensive it can be to go to school. According to the National Retail Federation’s (NRF) 2013 Back-to-School Survey, families with school-age children will spend an average $634.78. Total spending on back-to-school is expected to reach $26.7 billion.
“I just wish there was money coming back into my pocket.”