At the time of writing,
federal student loan interest rates range from 4.45 % to 7 %, depending on the type of loan you qualify for.
Nelson filed his bill just days after
the federal student loan interest rate range was increased to the current range of 3.76 percent and 4.45 percent.
Not exact matches
In general,
federal student loan interest rates represent a lower - cost option than other lending vehicles, like private
student loans, because they
range from 4.45 % to 7 %.
Federal and private
student loan interest rates range from 3 percent to as high as 12 percent.
For example, according to Nelnet, variable
rate federal student loans currently have
interest rates ranging from 2.05 % to 3.80 %, depending on the type of
loan and year of disbursement.