Wednesday, November 9, 2011

Should I consolidate all my student loans?

I have subsidized/unsubsidized Federal Consolidation Loan in the amount of $38,300 at 3.625% fixed. Then I have subsidized/unsubsidized Stafford Loans in the amount of $22,000 at 6.55% fixed. If I were to consolidate, I'd have a 4.5% fixed rate on about $60,250. Should I consolidate?

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