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Consolidating federal student loans interest rates

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If you find yourself paying 4% to 10% in interest each year, you are paying too much.

Over the last couple years student loan refinancing and consolidation has become a hot topic in the United States.

You can consolidate all, just some, or even just one of your student loans.

As it sounds, refinancing allows undergraduate and graduate borrowers to refinance student loans at a potentially lower interest rate.

Student loan refinance rates can be as low as 2.43%.

For example, borrowers with federal student loans can take advantage of federal income-driven repayment programs, or benefits like loan forgiveness, which borrowers with private student loans typically don’t have access to.

Today, the answer to that question is probably yes!