I have 6 stafford loans I've been repaying since July 2006, and the interest rate is around 7%. My question is, have interest rates changed since then? Does our current economy have lower student loan interest rates, and if so, how can I get my current loans at the lower interest rate? Is it possible to do that? Can I consolidate?

I was under the impression that the interest rate for a consolidation was based on the average interest rate of all the loans that are being consolidated.