Salary, Scholarships and Finances

Deadline for Consolidating Student Loans

Steven Rothberg AvatarSteven Rothberg
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.

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