Consolidating student loans interest
A number of existing large financial institutions have also been joining the conversation, with "attractive" refinancing opportunities, which could give student loan borrowers a much needed financial break.
(Note: You cannot consolidate federal and private student loans together through the federal government, either.) You can consolidate an existing Direct Consolidation Loan so long as you have a new eligible loan with which it can be consolidated.
Politicians aren't the only ones listening, either.
Due to the notoriety and overwhelming amount of outstanding student debt, financial technology start-ups looking to address the issue have emerged.
Check out the official government site for all the details on eligibility.
If you're consolidating with a private lender, consolidating your loans means combining and refinancing your loans into one new private loan.