Credit is our friend

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Tue Jun 9 13:36:01 PDT 1998

On Tue, 9 Jun 1998, Juliana Shearer wrote:

> What are you talking about?? My SUBSIDIZED loans are between 8 and 10%.
> Have heard that the high rate is not due to present interest rates, but
> is in large part attributable to the high default rates of past
> borrowers. Luckily I finish school next week.

The going rates for Stafford loans is 4%, though maybe I'm getting these only because I'm approaching that magic six-digit jackpot. The SLS loans, I think, are still at 8% or so.

-- Dennis

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