President Trump’s Big Beautiful Bill is massively rolling back federal student-loan programs in a nearly complete-180-degree turnaround from the Biden-era debt-forgiveness movement. The

Student loan interest rates are high now. Here's how you may be able to secure a lower rate for the fall semester. Here's how you may be able to secure a lower rate for the fall semester.

Last week, the average interest rate on 10-year fixed-rate private student loans increased. But borrowers interested in pursuing private student loans to make up for a gap in college funding can still score lower rates than this time last year.

Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.

To lower your student loan interest rate, your options include signing up for autopay, consolidating or refinancing your loans, and improving your credit score.

The average interest rate on 10-year fixed-rate private student loans inched down last week. For borrowers pursuing private loans to fill in gaps to pay for higher education expenses, rates remain relatively low for borrowers with solid credit.

Choosing the right interest rate structure can have a lasting impact on your financial strategy. Whether you''re financing an education, refinancing a loan, or making a major purchase, understanding the difference between fixed and variable interest rates is essential.