Just as hurricane season comes every year, so too does the quandary of whether students and their parents should consolidate student loans.
This year the answer is fairly easy for most borrowers: Yes.
The deadline for consolidating to get the best interest rates is Friday. And you don’t want to wait until then.
The interest rate for the [...]

Good news for student loan borrowers across the nation — Congress has repealed the “Single Holder Rule”, allowing any student loan borrower to consolidate their student loans with American Education Services (AES). Under the Single Holder Rule, borrowers whose federal student loans were held by one lender were only able to consolidate their loans with [...]

College costs keep spiraling upward, and now the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have taken comfort in a half-decade of ultra-cheap college loans, loading up on debt to cover the bills. About 8 million people borrowed $60 billion this year in education loans issued [...]

The single-lender rule that prohibited student borrowers from consolidating their student loans with the lender of their choice was repealed June 15, 2006 when President Bush signed into law the emergency supplemental spending package, H.R. 4939. This has paved the way for student borrowers to consolidate their federal student loans with the lender of their [...]

As college costs spiral upward, the cost of borrowing to pay for higher education is about to spike, too.
Students and their parents have benefited from a half-decade of ultra-cheap college loans, loading up on debt to cover their bills. About 8 million people borrowed a total $60 billion this year in education loans issued or [...]

In a long anticipated move, Congress has voted to abolish the Federal Student Loan Consolidation Single Lender Rule. Prior to this week, borrowers that had all their student loans with one lender were forced, by law, to consolidate with that lender - or with no one at all. This anti-competitive environment has cost student loan [...]

Megan Crane
Kansas State Collegian
I have lived in Europe. Being able to someday tell my grandkids about this experience is just one of the advantages I found in my semester of studying abroad.
For four months I was a resident of Spain. I attended a university, attempted to speak the Spanish language and dress in a similar [...]

Students have until June 30 to consolidate loans
Clemson University sophomore John Masslon, like other college student across the nation, is hearing from lots of lenders about his student loan.
Lenders are hawking offers to consolidate student loans and lock in rates before rates go up July 1.
Consolidation can lower monthly loan payments and save thousands of [...]

Student loan rates will increase dramatically July 1, a jump that could cost students thousands of dollars if they don’t consolidate now.
Stafford Loan interest rates will rise from 5.3 percent to 7.14 percent, while PLUS Loans for parents will rise from 6.10 percent to 7.94 percent - both an increase of 1.84 percentage points. These [...]

National lender Student Loan Xpress (SLX), a CIT company (NYSE: CIT - News), today welcomed the United States Senate’s passage of the Emergency Supplemental Appropriations Act of 2006 that included a provision which provides immediate relief to student loan borrowers. The final version of the Emergency Supplemental Appropriations Act of 2006 included a critical repeal [...]