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Net Gains: New Savings on Student Loans
On July 1, interest rates on some federal student loans will drop by 3 percentage points, allowing certain borrowers no longer in school to lock in a low rate for the life of their loans and potentially save thousands of dollars in interest charges.
Tuesday's bad economic news, and the sharp selloff that resulted, are the latest signs that the stock-market decline is still going on. Volatility. And that seems likely to continue. Really bad stock markets knock down shares of all kinds. And experts question whether the Federal Reserve's big interest-rate cuts are enough to save the economy. Share prices are swinging up and down more violently than they have anytime in the past five years. Does that mean you need to be doing a dozen things right now to protect your investments? The Federal Reserve's large interest rate cut on Tuesday is just the latest sign that experts think the economy is heading straight for recession. Fears of a recession are rising. That's essentially what has been happening since the start of 2008, as subprime fallout led to recession anxiety. The stock market is in turmoil. But not every market sector faces the same problems and uncertainties. That's the one thing that seems predictable
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