March 3, 2009

Can you still consolidate student loans?

Posted in Consolidation tagged , at 3:28 PM by Joe From Boston


I’ve heard this question alot recently – during the current economic crisis, more and more lenders will not offer consolidations, and students hold up their hands in frustration and shout that no one will consolidate their loans.

Well, that’s not entirely accurate.  There is at least one place that will still consolidate loans that are not in default – Direct Loans, also known as the federal Department of Education.

Yes, Virginia, there is a Santa Clause and yes you can consolidate your loans if they’re still in good stnading.

So get your butts over to their website, ASAP and request information:

http://loanconsolidation.ed.gov/