Consolidating to a direct loan

You will lose your rights under the federal loan programs once you choose to consolidate with a private lender.Direct consolidation loans are now the only type of federal student consolidation loan.We start by discussing the basics of student loan consolidation and refinancing, and comparing the benefits and drawbacks of federal and private consolidation loans.We then detail a step-by-step guide to using and choosing consolidation loans.CFDA Number: 84.268 Program Type: Loans Also Known As: Direct Loan program; Direct Loans.

In fact, the amount of debt from student loans topped

In fact, the amount of debt from student loans topped $1.3 trillion at the end of 2016, and 68% of seniors graduating from public and nonprofit colleges have student debt – the average is $30,100.

With an average balance of $28,400, student debt is a big part of the average college graduate's life.

At Lend EDU, we help borrowers compare the top student loan companies in one place.

Today, the answer to that question is probably yes!

7 out of 10 graduates are now graduating with some form of student loan debt.

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In fact, the amount of debt from student loans topped $1.3 trillion at the end of 2016, and 68% of seniors graduating from public and nonprofit colleges have student debt – the average is $30,100.With an average balance of $28,400, student debt is a big part of the average college graduate's life.At Lend EDU, we help borrowers compare the top student loan companies in one place.Today, the answer to that question is probably yes!7 out of 10 graduates are now graduating with some form of student loan debt.

.3 trillion at the end of 2016, and 68% of seniors graduating from public and nonprofit colleges have student debt – the average is ,100.

With an average balance of ,400, student debt is a big part of the average college graduate's life.

At Lend EDU, we help borrowers compare the top student loan companies in one place.

Today, the answer to that question is probably yes!

7 out of 10 graduates are now graduating with some form of student loan debt.