College students or parents looking to take out private student loans will typically have to choose whether they want a fixed or variable rate. So which do most select? It’s not even close. With a surge of new borrowers expected to turn to private ...

Private student loan refinancing rates have remained relatively level over the past year. Rates have fallen from their recent peaks but are still considerably higher than they were five years ago during the pandemic.

Jen Smith is a personal finance expert specializing in student loans, paying off debt, and investing. When she's not writing she's the co-host of the award-winning Frugal Friends Podcast. damircudic / Getty Images The interest rate on a federal ...