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how to pay large student loans?

i graduated from college last year and the student loans are coming in. They are around 80,000 dollars. Is their any way to condense them into one loan? I have a job but it is just a little above minimum wage. I was a business administration graduate but the economy fell through so I haven't found a decient paying job. Any ideas. Thanks

1 Answer

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  • Anonymous
    1 decade ago
    Favorite Answer

    Yes, you can consolidate them; but I would wait it out for 5 months. I think the loan interest rate resets on either June 1st or July 1st. The current interest rate is around 7%, it should come down. In the mean time, find a way to start knocking those things down.

    I am right behind you. I have my BS in Biology, BS in Chemistry, BA in Computer Science and an MD (medicine). I am currently working on my MBA.

    Cheers

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