Schenectady, N.Y. (May 27, 2003) – Student interest rates are set to plunge.
The federal government is resetting the variable interest rate for federal college student loans — an annual process.
Analysts expect the final terms to plunge nearly 7 percentage points.
Beth Post, the director of financial aid at Union College, stopped by the Capital News 9 studio to talk more about the rates.
Click here to see a video of Beth's interview
Please note the video is not hosted by Union College and availability may change suddenly.