Start Consolidating federal parent plus loans

Consolidating federal parent plus loans

By now you should know the basics behind student loan consolidation and refinancing.

If you consolidate your loans now, your new rate will be based on a weighted average of all your loans’ interest rates.

Consolidating those loans into a single new one can simplify your payments, especially if your loans are with different loan servicers, the companies that oversee your payments.

It can also be a way to get into repayment plans you otherwise wouldn’t be eligible for.

Unfortunately, our nation’s education system, politicians, and students haven’t figured out a solution.