You can also choose a repayment plan

2008-04-02 » Under the new law, interest rates on federal Stafford loans issued after July 1, 2006 will jump from the current variable 4.7% (for in school borrowers) to a fixed 6.8%, irrespective of market interest rates. Two-thirds (65.7%) of 4-year undergraduate students graduate with some debt, and the average student loan [...]