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.
This is 0.8% higher than the 1.81% yield produced during the 10-year note auction this time in 2013, and since this yield is the yield upon which federal student loan interest rates are based, Wednesdayâs results mean that federal student loan interest rates will also rise by 0.8%.