Low Student Loan Rates
Dolores Kong

The interest rates on college loans keep hitting new
lows. On July 1st, the interest rate on Stafford
student loans is expected to fall to yet another
record low, from 4.06 % to 3.42 %. The rate on the
Parent Loan for Undergraduate Students, or PLUS, is
expected to fall from 4.86 % to 4.22 %. So if you
haven't locked in the low rates on college loans
yet, you may want to wait until the rates fall yet
again. To find out more about the pros and cons of
locking in the rates, also known as consolidation,
check out www.salliemae.com and www.finaid.org