It’s been a long time since both my husband and were in College and University. Do you believe that we each went to school twice? I’m sure you can imagine how much we had to pay off in student loans as a result. In fact, Chris was the last one to go back to School and for part of his re-education he went to a private college and oh my, the cost of that was way too high. We just finally finished paying it off in 2003.

We were dumb. We didn’t really think about Student Loan Consolidation and we should have considering for a time, we were both attempting to pay off our student loans at the same time, and at one point Chris was paying off loans for both his rounds of College.

If you are in the same boat that we were you should think about consolidating your student loans.

If your student loans were federally funded you can combine all of your student loans through NextStudent borrowers and manage your loan with one easy regular payment. You can also save thousands of dollars on interest, and you might even qualify for a low interest rate of perhaps 4.5%.

When I visited the NextStudent loan page I saw that if you borrowed from them for your student loan consolidation you could actually lower your monthly loan payments by as much as 60%. There are no hidden fees, in fact there are no fees or charges at all, and you don’t get any penalties applied if you choose to prepay or make a larger payment.

I wish that Chris and I had either thought of doing something like this with our student loans or discovered a company like NextStudent when we needed it so badly. I don’t even know if a company such as this was around when we had huge student loan debts hanging over our heads.

If you have outstanding student loans think about consolidating them. You’ll save money and take some of that stress off yourself too.