Tag Archives: Student Loan

Private student loans cannot be consolidated with federal student loans. The low-interest rates on federal consolidation loans do not apply to private education loans. However, there are several options for refinancing private education loans. As private education loans don’t compete on price, a consolidation loan merely replaces one or more …

During the past several decades, owed to students has grown significantly in the United States. The Federal Reserve estimates that Americans owe $1.73 trillion in student loan debt in the second quarter of 2021. The record-breaking quarterly total represents a 3% jump from the second quarter of 2020 despite the government’s pause …

Here’s what you need to know. A new report says that about half of student loan borrowers have a higher student loan balance after 5 years. Student Loan Repayment Imagine this common scenario: you borrow student loans. You start to pay off your student loans. You keep paying off your student loans every …