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A comment on More than 1M fewer students are in college, the lowest numbers in 50 years. Parent comment

Re:More than 1M fewer students are in college, the lowest nu... by TiredGuy on Friday January 14, 2022 @01:40PM (#29938319)
With interest rates so low these days, are student loans still problematic? Seems like a nice way to defer having to pay while in school, but I'd love to learn more about the issue.
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Re:More than 1M fewer students are in college, the lowest nu... by pragmatic8 on Friday January 14, 2022 @02:53PM (#29939460)
I wouldn’t consider the rates here [1] low at all. Parent PLUS loans are sky high at 6.28%. I suppose you are talking about private loans but they have their own set of downsides.

[1] https://studentaid.gov/understand-aid/types/loans/interest-r...

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Re:More than 1M fewer students are in college, the lowest nu... by dragonwriter on Friday January 14, 2022 @02:58PM (#29939525)
> Parent PLUS loans are sky high at 6.28%.

PLUS loans are supplemental loans with a higher rate than regular direct undergraduate (3.73%) or graduate/professional (5.28%) student loans.

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