The U-boat Campaign from 1914 to 1918 was the World War I naval campaign fought by German U-boats against the trade routes of the Allies.It took place largely in the seas around the British Isles and in the Mediterranean.he last significant role played by U-boats in World War I was the suppression of the German naval mutiny that same month, when they stood ready to fire without warning on any vessel flying the red flag.
Interest rate cap: 9.5%. Summary: Interest rates on new federal student loans are fixed for the life of the loan. For loans taken out for the 2016-2017 school year, undergraduate students receive a 3.76% interest rate and graduate students receive a 5.31% interest rate.
Absurd, youâd say, when the prime rate has hovered at 3.25 percent for years. But some students who seek loans in the private market have to pay such exorbitant rates, which is why relying on the private sector for student loans is a dangerous idea. Few deny that we face a student loan crisis in America. Student loan debt has doubled over the past seven years and is now close to $1.3 trillion. About 40 million Americans have an average debt exceeding $27,000, and some end up paying back loans well into their 30s, 40s and even 50s.