student loans

teamcool | 20:43 Thu 05th Jan 2006 | Business & Finance

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Are student loans interest free or do they just have low interest rates?

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dzug

They attract interest at the rate of inflation so are 'free' in real terms. It says here.

Last time I saw one of my loan forms, the rate was about 2.5%.

current rate is 3.2%

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