Shortly after graduating college, you might be thinking about ways to cut down your amount of student debt. Many options are available, but not all of them are great. In a recent article featured by US News and World Report, loan consolidation could be more trouble than it’s worth for a new grad.
“Before you go out and apply for consolidation, it’s crucial to understand the benefits and drawbacks first. While you could simplify your debt situation, you could also pay in ways you didn’t expect.”
For the list of reasons, and full article, visit the US News website here.
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