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A comment on Regulators Shut Down Lending Platform (YC Alum) LendUp. Parent comment

Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by PragmaticPulp on Wednesday December 22, 2021 @08:10PM (#29657567)
Federal loans are actually sitting under 4% and private rates range all the way down to about 3%

Source: https://www.bankrate.com/loans/student-loans/current-interes...

Of course it's always possible to go find higher rates depending on the situation, but the averages are closer to 3-4% than 7%.

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Re:Regulators Shut Down Lending Platform (YC Alum) LendUp by matthewdgreen on Wednesday December 22, 2021 @09:51PM (#29658119)
There is an upper limit on the amount you can take in these loans and it’s depressingly low, well below the tuition of many private (and some public) colleges. To finance the rest you’re looking at much higher rates.
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