Consolidating student loan drawbacks

01-Sep-2019 11:26

This is because while the advantages of loan consolidation are highlighted, the disadvantages are often downplayed.

consolidating student loan drawbacks-87

russian dating scam search

The good news for college students, and graduates carrying multiple individual student loans, is that the Department of Education operates an established program allowing more than one loan to be bundled together under a single, renegotiated repayment contract.

Students should be aware of what they are getting themselves into when they avail of a loan that they would have to repay later on with interest when they start working.