Recently college students have been bombarded with ads about consolidating their student loans. The question is, should I consolidate and how?
The short answer is: if you are thinking about it, you probably should. As far as having loans go, student loans are some of the best. The interest rates are low and repayment terms can be stretched way out. Often times it makes sense to consolidate just to save a few headaches from paying different bills each month. Mostly though, it is to lock in low interest rates and settle on a good repayment term.