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As of July 2025, the best interest rates on private student loans started around 3% for fixed-rate loans and between 4% and 5% for variable-rate loans. For federal student loans, rates in recent years ...
The interest rate has not been that high on any undergraduate loans since the 2012-13 school year. Graduate students will see an 8.08% interest rate this coming academic year, up from 7.05%.
Interest is set to begin accruing for the 8 million borrowers enrolled in former President Joe Biden's SAVE repayment plan, ...
WASHINGTON – Roughly 8 million borrowers whose student loan payments have been on pause for a year will start to see interest accrue on their debt again in August, the U.S. Department of ...
The interest rates on federal student loans are likely to decline slightly in the 2025-2026 academic year, according to an estimate by higher education expert Mark Kantrowitz. Stream Los Angeles ...
A fixed rate as low as 2.75% was in place for undergraduate federal loans during the pandemic from July 1, 2020, through June 30, 2021.
To lower your student loan interest rate, your options include signing up for autopay, consolidating or refinancing your ...
Student loan interest rates vary depending on the type of loan, level of education and year when the loan is disbursed. Since 2013, the interest rate on new federal student loans has been linked ...
Let’s say, for example, that you owe $30,000 on a loan with an 11% interest rate on a 10-year term. If you’re able to refinance to a 7% rate, you’d save $7,791 on interest charges over 10 years.
Bank of India has announced key changes, effective June and July 2025, including waiving minimum balance penalties on savings ...