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The current student loan terms and rates available for borrowers vary depending on the type of loan. Federal student loan interest rates for the 2021-2022 academic year are fixed at 3.73 for undergraduate loans and 5.28 for graduate loans. Private student loan rates can range from around 3 to 12, depending on the borrower's creditworthiness and the lender. It's important for borrowers to compare options and understand the terms before taking out a loan.

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5mo ago

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