Student Loan Consolidation

If you’ve been in school for a couple of years or have recently graduated, you have likely begun receiving information on student loan consolidation.  Most students who are about to graduate to have just graduated are seriously thinking about student loan consolidation and how they can get the best deal.  For most, the only financial decision of greater import in their lives will be the purchase of a home.  Students loans, on average, total $20,000-$40,000 per student with many higher-level graduates’ loans being even higher. . . . [Read More]

Earlier here at Student Loan Consolidation Info, we talked about the differences between private and federally-backed student loans and consolidations.  When you look for the lowest student loan consolidation rate, you are going to be looking for private loans, rather than government-backed options. . . . [Read More]

There are some big differences between the way that private and federally-backed student loans are handled.  Student loan consolidation can be done with either private loans or through federally-guaranteed student loan consolidation rules.  Often, the difference in the rule requirements are what decide the lowest student loan consolidation rate. . . . [Read More]

Although in general, most people who have just completed college and are beginning to pay off their student loan debt will benefit if they consolidate student loans, not everyone gets better student loan consolidation rates than they had on their original loans. . . . [Read More]

In mid-2009, the Congress passed a stimulus bill that was signed into law by President Obama as one of his first acts as President.  This bill included a provision to increase both Perkins loans as well as Pell loans and Pell grants.  While we talk about student loan consolidation rates, it’s also important to look at the whole educational package available, including grants. . . . [Read More]