This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.
"Prior to 1996 ? mid '90s definitely), the Stafford Loan rate was 91-day T-bill plus 310 basis points (3.1%). Then, in the later '90's, it got made to 91-day T-bill plus 230 bp. (There was a quarter in 1998 when the rate was a "blended long term rate" plus 100 basis points, but Sallie Mae helped put the kabosh on that.)" - W505a.W505a, (or anyone) if you have any more info on how student loan interest rates are calculated, would you please reply? Or, if you could point me in the direction of a reference I would appreciate it. Thank you very much!:)
Best Of |
Favorites & Replies |
My Fool |