Tuesday, January 30, 2007

Student Loan Consolidation

Many of us out there are currently paying off student loans, or will be in the next few years. And just as many will be applying for student loans in the years to come. There's a lot of information out there offering advice, including the website Next Student.

Next Student provides information on paying for college (through Federal Stafford Loans, PLUS loans, Graduate PLUS loans, and Private loans) and paying off loans (consolidating) once you're out of school. Student loan consolidation is a smart move. Here's why.

Student Loan Consolidation offers:
  • a locked in rate for the length of the loan
  • lower payments
  • combining multiple loans into one (meaning one payment instead of many)

2 comments:

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Anonymous said...

When I got out of college I had my student loans consolidated with NextStudent. I actually had a personal finance advisor, Brian, who helped me out with my student loan consolidation. He explained everything to me and was awesome. Just wanted to share that little piece of info.