As of June 2025, the best interest rates on private student loans started around 3.19% for fixed-rate loans and between 4% ...

To lower your student loan interest rate, your options include signing up for autopay, consolidating or refinancing your ...

For example, let’s say you owe $28,950 in student loans with an 8% interest rate. If you could refinance to a 6% rate, you’d save $3,059 in interest charges over a 10-year repayment term.

Current federal student loan interest rates depend on the type of loan. For loans disbursed between July 1, 2025, and June 30, 2026, rates are: Undergraduate (subsidized and unsubsidized): ...

Unlike federal student loan interest rates, rates on private student loans vary depending on the lender and your financial profile. As of August 2023, average rates on private student ...

Student loan interest rates will decrease for the 2019-2020 school year for all federal loan types disbursed between July 1, 2019 and July 1, 2020. The disbursement date for any student loan ...

Getty. Interest rates for certain student loans are at the lowest they’ve been in decades and, in some cases, ever. Cody Hounanian, Program Director at Student Debt Crisis, noted that these ...

That means borrowers who need help next year will have to take out a new loan at a new interest rate. Federal student loan rates change every May, based on the U.S. Treasury Department's ...

Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President ...