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Why should a student look into a fixed rate student loan?

Updated: 8/19/2019
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12y ago

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A student should look into a fixed rate student loan in case the rate is lower than the variable rate. If it is lower, it is best to take the fixed rate. That way, if the variable rate goes up later on, you'll still get that lower, fixed rate.

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Q: Why should a student look into a fixed rate student loan?
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