> 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