Slide 2:
Going to College costs a great deal of money
Majority of these students have multiple student loans
Loan consolidation is having all your student loans turn into one new loan
Slide 3:
There are two methods of loan consolidation:
Federal
and Private loan consolidation
Federal loan consolidation is funded by the U.S. Government or the U.S. Department of Education
Slide 4:
Federal loans are currently at a fixed rate
Stafford Loans are fixed-rate loans.
For Stafford Loans you have subsidized and unsubsidized Stafford Loans
For Subsidized Stafford loans that are paid out to graduate and professional students, the interest rate is fixed at 6.8%.
Slide 5:
For more information, visit
http://student-loans-consolidation1.com/student-loan-consolidation-interest-rate