My daughter is trying to consolidate her $40,000 is student loans. Any advice?
Terry Says: Lots of advice — but it all depends on the kind of loans,and when she took them out. There are some she might not want to consolidate because they have special provisions. I’ve written about this extensivel in the past. I suggest you go to www.finaid.org for details on the process. Also note, that if she has private student loans (not federal), it may be difficult to consolidate. There is little incentive for private lenders to offer much in the way of deals. You’ll also learn about that at Finaid.