Legal Question in Credit and Debt Law in Alabama

Re: student plus loans

I am not certain if you are referencing a federal student loan or a private loan. Either way I am not aware of any way to have the lender out and out cut the interest rate. If this is a federal student loan and you are within your grace period, which is within six months after you graduate, you could look at consolidating your loans and lock in a lower rate. For more infomation on this look at the information available from the Department of Education's website at: loanconsolidation.ed.gov.