In late 2005, though, Congress set a fixed rate of 6.8% for Stafford loans, the most popular kind of federal student loans.
If you have federal loans issued after July 1, 2006, consolidating will no longer affect the interest you pay.
Consolidating student loans at lower rate is tougher, but it can...Courtesy USATODAY.com Money - Block Mon, 04/28/2008 - 19:11
In late 2005, though, Congress set a fixed rate of 6.8% for Stafford loans, the most popular kind of federal student loans. Related itemsYour Money: Explaining New Federal Student Loan Rules
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