The famous Matterhorn in Switzerland displays three types of glacial erosion: 1  Cirques are created when glaciers erode the mountainside, scouring into it and creating rounded hollows with steep uphill faces, shaped like tilted bowls. 2  ArÃªtes are jagged, narrow ridges created where the back walls of two glaciers meet, eroding the ridge on both sides.
Interest Rates for Federal Student Loans. Federal student loans have interest rates ranging from 5 percent to 7.9 percent, with the standard being 6.8 percent. Interest rates are normally fixed for the lifetime of a loan; even though rates are re-evaluated by Congress every few years, the interest rates on your existing loans should not be affected.
Only first -time borrowers on or after 7/1/13 are subject to the new provision. The current interest rate for Direct Subsidized/Unsubsidized Loans is determined each June for new loans being processed for the upcoming award year, which runs from July 1 to the following June 30. The fixed interest rate will be for the life of the loan.