Are the Student Loan interest rates going up ?

[mzkhadir]

Hello

Are the Student Loan interest rates going up ?

Thank You

 

[toekramp]

Ya, up like 1.5 percent, lemme find the link -> edit: Link

 

[dullard]

Yes, 1.9% is the last I heard. Consolidate now.

Edit: that is a 1.9% increase.

 

[mzkhadir]

and another question would,

do you think its good to conolidate ?

 

[dullard]

Originally posted by: mzkhadir
do you think its good to conolidate ?

Consolidating will save on average ~$100 a year (assuming 10 year loan) for every $10,000 you have borrowed.