
The cost of higher education in the United States is a significant financial undertaking for many, often reliant on student loans. Understanding the fluctuations in student loan interest rates over time is crucial for prospective and current borrowers alike. This exploration delves into the historical trends, influencing factors, and future projections of these rates, providing valuable insights into the complexities of student loan debt. From the relatively low rates of the early 1970s to the more volatile landscape of recent decades, the journey of student loan interest rates reflects broader economic shifts and government policies. This analysis examines the interplay Read More …