Federal student loan rates dropped slightly for the 2025-26 school year, but are they the most affordable option?

New Zealanders who moved overseas without paying their students loans are living with skyrocketing debt because of ...

Consolidating federal and private loans can result in a lower interest rate or monthly payment, but be aware that you may ...

Student loans can become difficult to pay off amidst high inflation, such as if your budget gets squeezed due to rising costs ...

For loans disbursed between July 1, 2025, and June 30, 2026, undergraduate rates will be set at 6.39 percent, a decline from last year's 6.53 percent.

For the 2024-2025 academic year, new fixed interest rates and loan fees have been announced for federal student loans. These rates apply to loans first disbursed between July 1, 2024, and June 30 ...

Undergraduate student loans will carry an interest rate of 6.39%, down from 6.53% this year. Graduate direct loans will drop to 7.94% from 8.08%.

Student Loan Interest Rates For 2025 - 2026 The new interest rates for 2025-26 federal student loans disbursed on or after July 1, 2025 will be: ・6.392% for undergraduate Federal Direct Stafford ...

Your interest rate has a huge effect on your student loans. The higher the rate, the more interest you’ll pay every month and over the course of each loan’s repayment term.

For example, borrowers who refinanced their federal student loans before the pandemic did not benefit from the three-year interest-free payment pause that began in March 2020.

For 10-year fixed private student loans, interest rates dropped by 0.29 percentage points, and 5-year variable student loan interest rates increased by 1.75 percentage points.

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.