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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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Student loan refinancing: Refinancing is when a student loan lender buys out your existing loans, and gives you a single new loan with a potentially lower interest rate.We recommend the lenders above because we thoroughly evaluated them. Can I consolidate private and federal loans together? You can also extend the term of your loan, at the same interest rate.However, our team also researched other institutions and found some good alternatives for people that want to consider all options before they begin the process of refinancing or consolidating student loans. If you’re concerned about lowering your monthly loan payments, consolidation could be a good option for you.Check Your Rates Now Borrowers save an average of ,688 when they refinance their student loans using Credible.Check out our student loan refinancing calculator to see how much you could cut your student debt by.