Today, graduates are leaving campus holding a diploma in one hand, and an average of ,000 in debt in the other.In America, student debt is the second largest class of consumer debt.To provide more complete comparisons, the site features products from our partners as well as institutions which are not advertising partners.While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products." Are you tired of paying a high interest rate on your student loan debt?Magnify Money is an independent, advertising-supported comparison service which receives compensation from some of the financial providers whose offers appear on our site.We do not let compensation from our advertising partners impact the order in which products appear on the site.You can only consolidate federal, not private, student loans through this program.(Note: You cannot consolidate federal and private student loans together through the federal government, either.) You can consolidate an existing Direct Consolidation Loan so long as you have a new eligible loan with which it can be consolidated.
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life.
By now you should know the basics behind student loan consolidation and refinancing.
Now, we would like to present unbiased descriptions of the eleven major student loan consolidation companies.
Here's the rundown you need to determine whether student loan refinancing and consolidation is right for you.
First, what does consolidating student loans really mean?