• finance

    What Is Student Loan Consolidation?

    Nearly half of all college graduates have reported taking out some sort of student loan in order to help finance their education. Since most graduates do take out loans to pay for their college, many are choosing to use student loan consolidation to help relieve their financial burden after graduation. The following paragraphs will take a closer look at what student loan consolidation is, as well as discuss the interest rates associated with student loan consolidation. Student loan consolidation is the act of combining more than one student loan into one loan, then repay all of the initial student loans with just one monthly payment. Commonly with this is, the…