In America, student debt is the second largest class of consumer debt.Unfortunately, our nation’s education system, politicians, and students haven’t figured out a solution.
Consolidation does not stop you from paying off your loan early or sending in extra money to reduce your loan balance.
Today, graduates are leaving campus holding a diploma in one hand, and an average of $17,000 in debt in the other.
Instead, you should look at options to avoid a default on student loan debt.
Federal loan consolidation is a helpful tool for converting an unmanageable payment into a manageable payment by combining multiple semester loans into one loan and extending your repayment schedule.
Now, we would like to present unbiased descriptions of the eleven major student loan consolidation companies.