Americans have lived through all of this debate before. The Keystone XL debate is almost an exact replay of a similar policy clash during the early 1970s over whether to build a similar multibillion-dollar project: the Trans-Alaska Pipeline. The Alaska project was eventually approved by Congress in 1973 and completed in 1978, but only after fierce debate.
Private student loan interest rates are determined by the lender that made the loan and are based on your credit history and your cosigner, if you have one. The interest rate may be variable or fixed for the life of the loan, depending on the contract you signed when you took out the loan.
1 Interest rates vary, but are currently 3.4%. 2  Loan limits move on a sliding scale, based on what year you are in college; ranging from $5,500 annually, for first year students to $7,500, for third year students and beyond. 3  Unsubsidized Stafford Loans do not require students to show a particular level of financial need.