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What is the current prime rate for private student loans?

What is the prime interest rate currently for private student loans? Can someone give me a link?

The current prime rate is 5%…this is not the rate you will get on a student loan unless your loan is tied directly to the prime (most are prime plus). Prime rate is defined as the rate given to a bank’s best customers and is not tied to a specific type of loan.

This entry was posted on Wednesday, January 6th, 2010 at 12:39 am and is filed under prime current. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “What is the current prime rate for private student loans?”

  1. Steve D says:
    January 6, 2010 at 6:16 am

    The current prime rate is 5%…this is not the rate you will get on a student loan unless your loan is tied directly to the prime (most are prime plus). Prime rate is defined as the rate given to a bank’s best customers and is not tied to a specific type of loan.
    References :

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