Raul asked:


So Sallie Mae loans and Direct loans, I want to consolidate, lower my payment, etc. Once I do that, do they still have options for deferrment, such as lack of income, going back to school, whatever?

Michael B asked:


So the feds slashed the interest rate to near zero. My current student loan has like 6% interest rate. Is it possible to get a new loan for the low interest rate?

javajunkie asked:


Hello. I am a recent law school grad with 120k of student loans (both private and federal) and I’d like to find out a way to consolidate my loans and hopefully lock in a lower interest and payment rate. Does anyone have any good advice on which bank to chose and how to go about consolidating? thanks!

not in kansas anymore asked:


I have several Sallie Mae Signature Student Loans out, and I’m supposed to begin repayment in late November.

I know nothing about finances, but I’ve heard that if I consolidate my student loans, it can lower monthly payments, and it puts them at a fixed interest rate. Is this right?

How do I go about getting my Sallie Mae loans consolidated? Is it hard to qualify for it?

Also…do I have to have full-time employment before I consolidate?

Lastly, has anyone ever heard about student loan interest being tax deductible?

trentsgirl asked:


I owe student loans, hospital bills, cable company bills, and probably more than I listed here. I feel completely over whelmed and I am scared to move forward. I have collection calls everyday…please help?
Thanks

Brian P asked:


Can you consolidate the federal loans with private student loans?

Home Lee asked:


My wife and I are both due to graduate from college in about a year and a half. Will we be able to consolidate our student loans into one loan or will we have to each consolidate individually?

Dee Dee asked:


I have federal and state loans, and I am looking o consolidate but don’t know much about it. My grace period is just about up and I am trying to figure things out. Please help! Real answers only please. Thank you! P.S. I’m in Jersey if that make a difference.

Avatar asked:


I took out Stafford subsidized loans each year I was in college through Sallie Mae. Interest rate is now 8%. Is it possible to consolidate?
I already make one payment through Sallie Mae

tomvesey0505 asked:


Looking to consolidate all my student loans into one affordable monthly payment. Any suggestions. Sallie Mae no longer consolidates student loans and many other companies will not consolidate a Sallie Mae loan because it is secured and government backed. Thanks in advance.