Salary, Scholarships and Finances
Deadline for Consolidating Student Loans
June 1, 2006
On July 1st, student loans from the federal government will rise two percent, which can add up to quite a lot: for instance, an additional $10,000 by the time you pay off a $50,000 loan. Ouch.
If you are within six months of graduation or previously graduated, have $10,000 or more in student loan debt, and are not in default, then run (don’t walk) to consolidate. One great option is the CollegeRecruiter.com Student Loan Consolidation Service.