The Government has now decided on the student loan interest rate for 2024. The interest rate on student loans will be raised from 0.59 per cent this year to 1.23 per cent next year.
For people with a student debt of SEK 300,000, the increase means a cost increase of SEK 912 per year, or SEK 76 per month.
For those who have a debt of less than SEK 232,000, the interest rate increase instead results in an extended repayment period.
"In recent years, interest rates have risen, which has also led to an increase in student loan rates," CSN writes in a press release.
This year, the agency also began to charge an interest rate surcharge of 0.45 percent to cover the student loans that are not repaid, which they say is 5 percent of all borrowers.