Consolidating private school loan credit dating a veterinarian

Consolidating federal loans with the federal government is free.

When you consolidate your loans, you get a brand new loan with new terms.Consolidating a low-interest Perkins loan may not be in your favor.Perkins loan borrowers have unique deferment and cancellation rights that may be lost when consolidating.You can learn more at the Department of Education’s Student Aid.gov/repay or by contacting your federal student loan servicer. With private student loans, you typically have fewer repayment options, especially when it comes to loan forgiveness or cancellation.

To explore your options, contact your loan servicer directly.Student loans are debt you have to pay back, even if you don’t finish your degree.

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