Consolidating student loans at lower rate is tougher, but it can...

Courtesy USATODAY.com Money - Block  Mon, 04/28/2008 - 19:11

In late 2005, though, Congress set a fixed rate of 6.8% for Stafford loans, the most popular kind of federal student loans.

If you have federal loans issued after July 1, 2006, consolidating will no longer affect the interest you pay.


 

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