Depends on when you went and whether your loans were federally backed. 9% for recent students is possible but pretty high; federal undergraduate loans in the p

Depends on when you went and whether your loans were federally backed. 9% for recent students is possible but pretty high; federal undergraduate loans in the past 10 years have been ~3-5%. (Private loans can have much higher rates but represent a relatively small fraction of loans and loan balances. [1]) More information: https://educationdata.org/average-student-loan-interest-rate https://educationdata.org/average-student-loan-interest-rate [1] - https://www.enterval.com/#reports https://www.enterval.com/#reports