Updated 07.53 | Published 07.38
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The interest rate for student loans at CSN will more than double next year – from 0.59 percent to 1.23 percent.
The decision has been taken by the government and the background is the rising interest rate situation.
For those who have a CSN loan of 300,000, this means an increased monthly cost of SEK 76 a month, or SEK 912 per year.
For the average borrower – with a loan of SEK 166,000 – there will be no difference in repayment, writes CSN in a press release. This also applies to people with a debt of less than SEK 232,000. The difference will instead be an extended repayment.
CSN: The interest rate was still low in a longer perspective
Jan Söderholm, finance director at CSN, says in the press release that the student loan is still one of the “most advantageous loans you can take”.
– Even if there is an increase in the student loan interest rate, there are few loans you can take out with such a low interest rate and with such favorable terms. Even if the percentage increase is now large, the interest rate is low if you look at it in a longer perspective, says Söderholm.