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The California Institute of Technology may have found "the perfect time" to sell a bond that matures over 100 years, and the university was able to obtain a record low interest rate, The Wall Street Journal reported. The record-low yield was 4.744 percent.

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Education Secretary Miguel Cardona, in a blue jacket and red tie, sits with his hands on a table in a green room.
Government Student Aid Policy
Education Department Delays FAFSA Launch for Most Students

By pushing back the form’s mass release to Dec. 1, the department is hoping to avoid the technical issues that p

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Scott Jaschik

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