How many percent is an average student loan interest rate? 10 points for the best advice. Thank you?

Question

How many percent is an average student loan interest rate? 10 points for the best advice. Thank you?

Answer 1

Ok, for new loans starting in late May early June the interest rate will be 6.8.  For older loans the interest rate is still going up and down but it is important to note that no government student loans (unsubsidized and subsidized loans) can not and will never be past 8.25 so those older loans will never be higher than that, and I was just told by a financial aid counselor that they believe older loans will be near or a little below 6.8.  Remember that this does not apply for third party loans that you got outside the institution.  Also incase you did not know.  Always get the subsidized loans because interest starts after school, but unsubsidized loans start as soon as the loan starts.  I hope this helps.

Answer 2

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Answer 3

between 6 and 8. Mine's 6.7