Last Chance for Low Student Loan Rates

Get started early and avoid the last-minute rush!

No, this isn't about Christmas shopping; I'm talking about refinancing your student loans and locking in the current low interest rates before they move much higher on July 1.

I write this story every year -- but this year it's especially urgent. Interest rates on existing student loans change every July 1, based on the rates set at the 91-day Treasury bill auction held at the end of May. It's quite clear that rates on existing variable-rate student loans could jump at least two full percentage points this year. ...