If you are like me and have 5 student loans, you know it would be much easier to pay one student loan if they were consolidated. After graduation theres so much to think about: finding the ultimate job, finding a place to live, and figuring out how to pay for everything.

Thinking about paying monthly student loan bills certainly will not make life easy or happy. No one enjoys paying bills. The task becomes even worse and more stressful when there are piles of bills to pay. By consolidating student loans life will get easier and payments might be lower. Theres no time like the present to consolidate outstanding student loans. Even though interest rates on federal student loans were at their lowest from July 1, 2004 to July 1, 2005, its still a great time to combine student loans. The rates most likely will increase in July 2006, so consolidating now is a bright idea. Federal student loan consolidation can be as low as 4.75 percent. Private student loan consolidation depends on the lender, and the borrowers credit.

Learn more at Consolidation Pilot

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