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Student Loan Interest Rates

I have a student loan that started out at less than $13,000, and it is over $25,000 at this point (and I have already been paying on it for over a year). I feel as though I am going nowhere, and I wonder why the interest rate cannot go down from 8% since the Fed's interest rate is at an all-time low right now. Can debt negotiation be used in this situation, or do I just have to live with this and keep paying on it forever??


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29 answers
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I think it's depend on your first deal. i suggest you to read the rule again. Also if needed, you can get a favor from a debt / loans consultant to solve this.

Hope this can help a little bit ;)

Poniman Tjhin - sharing Student Loans Consolidation
Posted 2009-09-26T06:32:17Z
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