Federal Student Loan Interest Rates for 2016-2017

Good News for student loan borrowers!  The Federal Direct Student Loan interest rates have been determined for the school year 2016-2017 and the rate is lower than last year.  The student loan interest rate is 3.76% down from last year’s 4.29% for undergraduate programs. Interest rates for direct subsidized, direct unsubsidized and direct plus loans…