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And if you have federal loans, switching to a Direct Consolidation Loan can be necessary to access federal student loan repayment and forgiveness plans. That said, there are times when ...
Borrowers with federal Direct Loans or Federal Family Education Loan Program (FFELP) loans who consolidate their loans by June 30, 2024, will have any eligible payments from before consolidation ...
Consolidation can streamline your student debt and reduce your monthly payment. But it's not for every borrower.
My student loans were part of the 2010 deal that sent $28 billion from Citi’s federal student loan portfolio to Sallie Mae. At that same time, Discover also took over more than $4 billion in ...
The Federal Loan Consolidation Program was created in 1986. In 1998, the United States Congress changed the interest rate to the aforementioned fixed rate weighted mean, effective February 1, 1999.
You have high-interest private student loan debt. Your new loan (whether federal or private) carries a much lower APR than your current student loan debt. See related: How to consolidate student loans
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