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Dave H

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  • student loan consolidation?

    I just exited my grace period and received my first student loan bills. I have a lot of student loan debt (all federal loans), and my goal is to pay them back as quickly as possible - hopefully within 10 years or so. Is student loan consolidation right for me? I'd like a lower interest rate, but I don't necessarily want to lower my monthly payments if that means I'll be paying my loans back 2 or 3 times over due to interest over 25 years. Thanks!

    2 AnswersFinancial Aid1 decade ago