<prompt> Human: Just a word of caution - always be vigilant! As I am a half-time grad student this semester, some clearing house reported to Sallie Mae that my loans were eligible for deferment. Sallie Mae promptly deferred my loans and notified me of the change. I did not ask for the deferment, but was not initially perturbed by this convenience. HOWEVER, I read at the bottom of my deferment letter that, without explanation, my interest rate a fixed rate had increased 65! I will admit I pay a small percentage of interest on this loan 1.875 raised to 2.875, but still, this was a shock. I called and after being placed on hold a few times for many minutes on end, it turns out that I was formerly and had always been enrolled in some sort of promotional program that reduced my interest rate one percentage point; however, when in deferment I was not eligible for this program. As they always so quick to kick loans into deferment without student request, or do they only do so when it is advantageous to their bottom line? I know, first world problem over here that I have to pay a whooping 3 interest on this loan; however, my purpose for posting this is just to alert other students to double check those deferment letters! This was completely unexpected! I pulled my loans out of deferment and returned them to the 1.875 for the semester. So ready to evict Sallie Mae from this house!  <response>: For a second, I freaked out. I skimmed the title and thought you said your interest rate WAS 65. O_o 