Plan 1 student loan – interest loans.
Plan 1 student loan - interest loans. Graduated a long time ago (hence the plan 1) interest rate is usually around 1.0/1.75 but in the last 2/3 years the interest rate has suddenly started accelerating until it’s now at 6%. Can anyone share light as to why or whether this is in fact how it’s meant to be?
submitted by /u/penguins12783