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Consolidatingstudentloans com

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The average college graduate takes on ,000 of debt and 43% of graduated students in debt are either behind on their payments or simply not making them.However, this debt usually is not coming from one loan and is rather coming from several loans that can vary in interest rate and payments. Consolidating your student loans is the process of combing all of your student loans into a single, larger loan, potentially with a new lender.College borrowers frequently have several loans held by more than one lender, with varying rates on each loan.This makes figuring out whom to pay–and when and what to pay them–a financial nightmare.Consolidating your private student loan debt with your spouse’s can also be tricky.Fortunately, Purefy can simplify the refinancing process for spouses who would like to combine their private student loan debt as well.

Still, potential consolidators should note that the extended payback period could increase your total costs.The high cost of college tuition causes some students to graduate deeply in debt.Today there are 44.2 million American graduating with student debt, with an average debt of ,550 for public school graduates and ,300 for private school graduates.The total amount of student debt is currently at

Still, potential consolidators should note that the extended payback period could increase your total costs.

The high cost of college tuition causes some students to graduate deeply in debt.

Today there are 44.2 million American graduating with student debt, with an average debt of $25,550 for public school graduates and $32,300 for private school graduates.

The total amount of student debt is currently at $1.31 trillion.

This reliance on student loans is largely due to college costs that outpace inflation.

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Still, potential consolidators should note that the extended payback period could increase your total costs.The high cost of college tuition causes some students to graduate deeply in debt.Today there are 44.2 million American graduating with student debt, with an average debt of $25,550 for public school graduates and $32,300 for private school graduates.The total amount of student debt is currently at $1.31 trillion.This reliance on student loans is largely due to college costs that outpace inflation.For this reason, it’s important to try to pay off the loan early.

.31 trillion.This reliance on student loans is largely due to college costs that outpace inflation.For this reason, it’s important to try to pay off the loan early.