| Government student loan consolidation is a | | | | |
| great idea, as interest rates are at record | | | | If you are reasonably close to paying off |
| lows, no matter if you are an undergrad, or | | | | your loans and you can afford the payments |
| have already graduated. | | | | government student loan consolidation is |
| | | | probably not a good option. It is always |
| Government student loan consolidation | | | | better to be out of debt completely than to |
| programs can be a wonderful tool to lower | | | | prolong it with lower monthly payments. |
| payments on your student loans. You may have | | | | Refinancing any loan than will soon be paid |
| to go to a longer term than you currently | | | | off is never a good idea, remember the |
| have, but the interest rates right now are | | | | ultimate goal is to be out of debt |
| great. Everyone who has student loans should | | | | completely. |
| at least look into this option before rates | | | | |
| go up. | | | | Government student loan consolidation should |
| | | | be used as a tool to get a better start in |
| Some of the benefits of consolidation | | | | life. After graduation the majority of |
| include: Protecting your credit rating, You | | | | students today face overwhelming debt that |
| can save money over the life of the loan. | | | | has accumulated during their college years. |
| There are also programs for those of us who | | | | When you add to that the debt of buying a |
| may have had a stumble or two. For those who | | | | home and starting a family, the pressure can |
| have several student loans, government | | | | quickly mount as you are trying to start a |
| student loan consolidation will combine them | | | | new career. I encourage everyone no matter |
| into one lower monthly payment. For many | | | | what their circumstances to always take |
| people this makes managing your monthly bills | | | | advantage of each opportunity to strengthen |
| easier. | | | | your financial standing.next....T. |