I recently graduated from college in December. I was on an athletic scholarship throughout college, but it was only about 20 percent for the first few years, so I had to pay for the rest with student loans. I racked up about $70,000 in student loans while I was in school. I am currently in my grace period, and don't have to start making payments until July. I am looking into doing some kind of loan consolidation because my loans are from a bunch of different lenders (federal loans, sallie mae, Wells Fargo, institutional loans, etc.). It would be nice if I could just pay all my loans in one place and have a fixed interest rate. The current interest rates of my loans range from 3-9%. Does anyone have any advice for me on consolidating loans? I know that it's something I need to be careful about, because I don't want to replace my student loans with a loan that isn't classified as a "student loan" for tax purposes. Any advice will help! Thanks!
Submitted April 06, 2017 at 08:31AM by OgreTrax71 http://ift.tt/2nNRjd2
