5 Strategies for Lowering Your Student Loan Interest Rate

When you’re in college, you don’t necessarily have a lot of control over the interest rates on your student loans.

Once you graduate, there are a few things you can do to try and save money.

For a standard repayment plan, this one-size-fits-all repayment plan might not be best option for you.

Choose the Right Repayment Plan

You can combine all your student loans into one easy monthly payment with a single interest rate.

Consolidating Your Student Loans

Many student loan servicers—both federal and private—offer an interest rate discount if you opt to set up autopay on your account

Setting Up Automatic Payments

The options that are available don’t require too much up front legwork.

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