Student loan interest can be very different depending on the loan that you may get. There are two major different types of loans for students. First there are subsidized loans which don’t have interest accruing until the student is required to start making payments. The other type of loan is an unsubsidized loan which has interest accruing immediately fallowing disbursement of the borrowed funds. Obviously subsidized loans are much more desirable, allowing the student to save money on the interest that’s accruing. When taking a loan for your education it is important to look for low interest rates. Often the loans that are government backed have the most desirable interest rates.