Sentences with phrase «since federal student loan interest rates»

Since federal student loan interest rates are fixed, this drop in interest rates is especially important.

Since federal student loan interest rates are fixed by the government, there is no flexibility in getting a better rate.

Not exact matches

While you can't shop around to find a lower student loan interest rate for federal loans since rates are fixed, you can — and should — shop around to find the best rate if you take out private loans.

In addition, since your ability to obtain a private loan depends largely on a student's (and often their parents») creditworthiness, interest rates can vary quite a bit and can potentially be significantly higher than those available through one of the federal options we discussed earlier.

At first glance, private student loans might be tempting since they can start at lower interest rates than federal ones.

At first glance, private student loans might be tempting since they can start at lower interest rates than federal ones.

Since 2013, all federal student loan interest rates have been set based on the 10 - year Treasury note.

All federal student loans have had fixed interest rates since 2006.

Since then, all federal student loans have been issued with fixed interest rates.

While you can't shop around to find a lower student loan interest rate for federal loans since rates are fixed, you can — and should — shop around to find the best rate if you take out private loans.

Since the federal government holds these student loans, a high interest rate means they actually make a profit from students which Sanders feels is morally wrong.

Since the majority of students can get a better interest rate through federal loan programs, private student loans are often touted as a way to fill the gap between what federal loans cover and unmet need for the semester.

Since interest rates for federal student loans are reestablished every year based on market conditions, they were slated to rise.

For instance, if we assume that federal PLUS loan interest rates for graduate and professional students have remained above 7 % for the majority of time since 2006, some private lenders are able to offer competitive rates and repayment options that could help graduates save money and possibly get out of debt faster.

Since 2013, interest rates on federal student loans have been set annually according to the 10 - year Treasury note rate, plus a fixed percentage that differs by loan type (e.g., subsidized Stafford, unsubsidized Stafford, PLUS).

Since July of 2006, all federal student loans feature fixed interest rates, although the set rates have fluctuated from year to year and from one loan type to another, so that different loans have different rates.