The decision between a variable and fixed-rate student loan can feel like navigating a complex maze. Understanding the nuances of interest rate fluctuations and their long-term impact on your finances is crucial for making an informed choice. This guide will illuminate the key differences, helping you weigh the potential benefits and risks associated with each loan type, ultimately empowering you to select the best option for your individual circumstances. Choosing between a variable and fixed interest rate significantly impacts the overall cost of your student loan. Variable rates fluctuate with market conditions, offering potential savings if rates decline but exposing Read More …