As of June 2025, the best interest rates on private student loans started around 3.19% for fixed-rate loans and between 4% and 5% for variable-rate loans. For federal student loans, rates in recent years have ranged from 2.75% to 6.54% for undergraduate borrowers. For the 2025-2026 school year, rates on undergraduate loans are set at 6.39%.

"I, like many other longtime doves, am joining the hawks, because our nation’s budget math just got a lot more dangerous."

Refinancing student loans helps you decrease the amount of interest paid on your debt. We have compared the best student loan refinance rates for you.

Federal student loan rates dropped slightly for the 2025-26 school year, but are they the most affordable option?

The Department of Education will resume student loan interest payments on Aug. 1, slamming President Biden for using loan forgiveness to sway votes.

Changes under the GOP spending bill will hit borrowers taking out loans next summer and any point after, as well as the 8 million Americans stuck in limbo on the SAVE plan.

Current interest rates on federal student loans On May 30, the Education Department’s Federal Student Aid office announced the new federal student loan interest rates for the 2025-2026 school year.

Monthly payments could drop, but most borrowers will pay more in interest over time. What to expect now that President Trump's "Big Beautiful Bill" is law.