| Many students have no idea what to do after | | | | you have options if you cannot afford to pay on |
| graduation and they are not properly prepared for | | | | your loans right away. You can use a deferment to |
| what they are about to face. You spend 4 or more | | | | push the date that you start paying on your loans |
| years going to college to get ahead in life and what | | | | back up to another 2 years. You can also use a |
| you really end up with is an entry level salary and a | | | | forbearance to pause your loan payments at any |
| ton of student loan debt. There are ways to manage | | | | time for 6 months for a financial hardship of some |
| this if you know all of your options. Here are your | | | | sort. Also, if you go back to school, even just part |
| options including consolidate private student loans. | | | | time your loans will go into education deferment and |
| The first thing you have to understand is you will | | | | you do not have to pay on them. |
| start having payments due on your loans once you | | | | The last thing to discuss is consolidate private |
| are not longer enrolled in a school for 6 months. This | | | | student loans. You get one shot at consolidation with |
| is the time they start asking you to pay on your | | | | student loans and you want to do it right. Make sure |
| loans and you will be paying on them for the better | | | | you get all the options you already have with |
| part of 10 to 15 years or more. The problem is that | | | | deferment and forbearance to make your life easier. |
| you have multiple loans to pay on and they will all | | | | You also want a comparable interest rate and the |
| have a payment due each month. This can get hard | | | | consolidation monthly payment should be less than |
| to manage. | | | | the combined monthly payments of all your loans. |
| The second thing you need to know before we get | | | | This will make your loans much easier to manage. |
| into how to consolidate private student loans is that | | | | |