How can I consolidate my student loans?
You can consolidate your student loans by applying for a Direct Consolidation Loan through the U.S. Department of Education.
What are the benefits of consolidating my loans?
Consolidating your loans can simplify your payments, potentially lower your interest rate, and extend your repayment term.
Are there any drawbacks to consolidation?
Yes, some drawbacks include losing borrower benefits from your original loans and possibly increasing the total interest paid over time.
How do I apply for a Direct Consolidation Loan?
You can apply online at the StudentAid.gov website, where you'll find the application and detailed instructions.
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