Ask Terry Questions Student loan consolidation

Student loan consolidation

By Terry Savage on April 29, 2014 | College Savings / Student Loans

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 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.

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