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.
Even Near 1%, Are Variable Rate Student Loans Worth The Risk?
Ryan Lane, NerdWallet.com
Thu, 07/02/2020 - 1:31pm
BING NEWS:
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The answer is yes, with a caveat. The data show that college graduates have lower unemployment rates, earn more money over their careers and are able to build a larger net worth over their lifetimes.
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