<ul data-eligibleForWebStory="true"><li>Rates on 10-year fixed-rate private student loans decreased last week.</li><li>The average fixed interest rate on a 10-year private student loan was 6.80% for borrowers with a credit score of 720 or higher.</li><li>Average variable rates on five-year loans also decreased last week to 7.76%.</li><li>Borrowers are advised to carefully consider fixed vs. variable rates and explore federal loan options for lower rates and more borrower protections.</li></ul>

Private Student Loan Rates: June 30, 2025 – Loan Rates Decrease

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