Here are 7 student loan changes to watch for in 2017 and what you need to know:1. Under REPAYE, if you have graduate school student loan debt, the repayment period is 25 years before your remaining student loan debt is forgiven. Fixed Rate Student LoanWhen you borrow or refinance your student loans, you have a choice between a fixed interest rate and a variable interest rate. If you are borrowing a new student loan, you should consider a fixed interest rate student loan. What It Means For You: If you currently have a variable interest rate student loan, you can refinance refinance with private student lenders and convert variable interest rate student loans to a fixed interest rate student loan.
Source: Forbes January 31, 2017 13:00 UTC