Comment on Even Near 1%, Are Variable Rate Student Loans Worth the Risk?

Federal student loan interest rates hit record lows on July 1. But those rates are still higher than what some private lenders are offering. Multiple lenders, including Sallie Mae, SoFi and Citizens Bank, now advertise minimum variable loan interest rates below 1.5%. At this time last year, the average minimum variable rate for private student... Ryan Lane is a writer at NerdWallet.