U.S. Bank has lowered the interest rate ranges on their private student loans effective as of November 1, 2010. The new range of interest rates offered by U.S. Bank now stands at 3.45% to 10.95%, compared to their previous range of 4.20% to 12.20%. As a result of this change, SLA has upgraded the rating on the U.S. Bank product to 3 1/2 stars. U.S. Bank's last pricing change occured in April when they lowered their minimum rate from 5.20% to 4.20% while leaving their maximum rate unchanged.
Here are the details provided in a recent email: