Consolidation debt program consolidating loan student

If you are a teacher you may qualify for the Teacher Loan Forgiveness Program.If you are employed as a public service professional or have FFEL and/or Perkins loans, you may consolidate them into a to take advantage of PSLF.

Student loan consolidation is a relatively easy concept to understand: it is the process of taking multiple student loans and combining them into one.

Before consolidation, a student borrower might have multiple loans to pay back and many different loan balances to track.

After consolidating his or her loans, a student borrower will have just one monthly payment and just one loan balance to maintain.

The decision whether or not to consolidate can be tricky.

There are many different factors for students to consider in order to ensure that they’re making the right choices for their families and their wallets.