If you have a fixed 6.8% stafford there is nothing you can do to get a lower interest?

Question

If you have a fixed 6.8% stafford there is nothing you can do to get a lower interest?

Answer 1

Nope, Fixed means fixed!  And 6.8 is a very good interest rate.  Some private loans are much much higher.

Answer 2

You didn't mention if you are in the process of making payments or if you are still in school.  

Unless you have several loans to consolidate and have excellent credit (or a co-signer with excellent credit) 6.8% is about as good as it gets in the world of student loan funding these days.

You can thank the sup-prime lending disaster that has happened for that.

Answer 3

You can consolidate your loans once you're out of school, which is a good idea if the interest rates are lower at that point.