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Full Version: Is it wise to consolidate?
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nursie
I read an article that rates on student loans are going up in May.
I have about 13,000 owed with ACS. I don't recall offhand the rate or terms.
I also have a parent plus loan through Sallie Mae that has a 36,00 balance (and 2 more years to add on to it). The interest is 4.17 variable.

Is it wise to consolidate?
stimpy
Short answer, yes
If you'd like a longer, more detailed answer, please see my posts under the topic "Consolidation - Where to begin?" post preview #531994, and "consolidating student loans" post preview #619881

Good Luck
nursie
Thanks! I will look up those posts.
What a strange coincidence.... The All plus parent loan people called today asking if I wanted to consolidate. I told her yes, but call me another day. I need to do my research! I
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