Top Five Suggestions For Controlling That Student Loan

On February 8, 2006, President Bush authorized into law a spending budget reconciliation bill which will impact your college student financial loans as a student and a graduate. The interest rate on any new student financial loans (Federal Stafford Financial loans) that you simply take out after July 1, 2006 will probably be fixed at 6.8%. Any student loans you've taken out prior to that date will remain at a variable charge.

Source: STUDENT LOANS