Understanding the history of student loan interest rates is crucial for navigating the complexities of higher education financing. This exploration delves into the fluctuating trends of these rates, examining their relationship with broader economic factors and government policies. From the impact of inflation and federal funds rates to the nuances of subsidized versus unsubsidized loans and the differences between federal and private options, we’ll uncover the key drivers shaping the cost of borrowing for students over the decades. We will analyze the historical data, highlighting significant legislative changes and their effects on student loan interest rates. This analysis will shed Read More …
