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.
consolidating student loansConsolidating student loans at lower rate is tougher, but it can... USATODAY.com Money - Block Mon, 04/28/2008 - 19:11
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