Student loans

The variable rates for Federal Stafford and PLUS Loans were lowered on July 1. According to FinAd, a Web site devoted to financial aid, said the existing interest rates on the Stafford Loan are 6.62 percent during in-school and grace periods and 7.22 percent during the repayment period. The current interest rate on the PLUS Loan is 8.02 percent. 

Read more details about the lowered interest rates at FinAid and Student loan rates will decrease July 1