--- author: Eric Wagoner date: '2001-06-06T02:56:00' draft: false title: Cheap student loans --- I am so very glad I refinanced my student loans through the US Department of Education a couple years back. For a limited time, Congress allowed older loans to be refinanced through the new rules and I made out like a bandit, compared to what I had been paying the New Mexico Student Loan office. And now, my variable rate loan is [falling to the lowest rate ever](http://fyi.cnn.com/2001/fyi/teachers.ednews/06/05/student.loans.ap/index.html), saving me another few hundred dollars. If only they'd finance that property I looked at...