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| Student Loan Consolidation Posted by blowmeauburn Is it worth the time and hassle? I have several loans through sallie mae with various interest rates, but I honestly want to know what is out there. I really just need some advice on my options. What are some good banks and institutions to go through and what kind of rates should I expect right now?  on 10/14 at 1:28 pmThanks This post was edited on 10/14 at 1:32 pm Reply • Back to Top |
| Yes, I did it recently. If you work public service there is a forgiveness program you can take advantage of after 10 years where they pay off whatever you have left over. Reply • Back to Top |
| When I checked a couple of years ago, no one was doing consolidations... Reply • Back to Top |
quote: I dropped my monthly payments significantly. quote: Don't use a bank. Consolidate via direct lending. LINK / Reply • Back to Top |
quote: What companies are people recommending? OR does the federal government link you up with providers? does Sallie Mae still do consildation? If somebody has a PEL grant with a university and federal unsubsidized as well as federal subsidized loans, can they consilidate all the loans into one? Reply • Back to Top |
| I'm still unclear as to where the best place to get a traditional student loan consolidation is. I see the studentaid.ed.gov site for direct consolidation which still separates out your loans into one providor. This post was edited on 6/10 at 6:12 pm Reply • Back to Top |
| Looks like this is the only place you can get the traditional government student loan consolidation now days? LINK Reply • Back to Top |
quote: Come again on that... Reply • Back to Top |
quote: Friend is a teacher and she told me this also. After so many years they will pay. Cant remember if she said all of it or just a percentage. Reply • Back to Top |
| I think that is for the Federal Perkins loan only. I believe you have to work in the public field, medical field, or a government job to qualify. Reply • Back to Top • Refresh |
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