Interest Rising on Student Consolidation Loans The government is raising the interest rate on student loan consolidations on July 1, and it may be difficult to tell if such a loan is right for you. Our personal finance contributor weighs in on how to tell if a consolidation loan is a good idea.
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Interest Rising on Student Consolidation Loans

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Interest Rising on Student Consolidation Loans

Interest Rising on Student Consolidation Loans

Interest Rising on Student Consolidation Loans

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The government is raising the interest rate on student loan consolidations on July 1.

If you are trying to decide whether a consolidation loan is a good idea for you, there is more information about the deadlines and loans, go to http://www.loanconsolidation.ed.gov/. There is a consolidation calculator at http://finaid.org/.

Our personal finance contributor talks about student loan consolidation and the coming rise in interest rates on some of those loans.