Interest Rates on Student Loans?

6.5% is not a bad rate. I've been out of school for 15 years and have the same rate. I refinanced with one of those companies that calls you. What they don't tell you is that once you refinance once, you cannot do it again until they decide to release the loan which they never do. I owed 35k and am paying $300 for 20 years--5 years left. Don't refinance now and bite the bullet and start paying. If you defer payment the loan will still accrue interest