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Private Student Loan Rates: March 18, 2025—Loan Rates Rise
- The average interest rate on 10-year fixed-rate private student loans increased last week.
- The average fixed interest rate was 7.60% for borrowers with a credit score of 720 or higher.
- The average interest rate on a five-year variable-rate loan was 6.04%.
- Variable interest rates fluctuate over the course of the loan term, but may start lower than fixed rates.
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