Comments on: Why Don’t They…Change Student Loan Interest Rates As Fast As Online Savings Account Rates?

By: Ari Weinberg

Ari Weinberg — Tue, 08 Jan 2008 21:21:38 +0000

Thanks, Stephanie. Citi cut my rate as well by 75 bp. More to come, however, as that still doesn’t include the December cut.

By: Stephanie

Stephanie — Tue, 08 Jan 2008 21:08:06 +0000

Just as an exciting update: I was just curious what happened to my student loans, and I looked at my rates…they lowered them by .75%! Which isn’t fantastic, because my rates are still kinda high, but it’s something!

By: Stephanie

Stephanie — Thu, 27 Dec 2007 06:18:25 +0000

Thanks for the information about the loan rates. I was wondering the same thing…
The lower my “high” interest savings interest rate goes, the more appealing it is to pay extra towards the higher interest rate student loans.
Hopefully come January I’ll see a rate change!