Loan Consolidation Reviews

Consolidation of student loans?

So here’s the deal… I’m 21, married, have a 7 month old son, and will be graduating in a year and a half (hopefully with an accounting degree). I’m getting mailed all these “deals” about consolidating my loans. Is there a catch? Are they really good deals? Some of them say to “consolidate by June 1 to lock in low rates.” Are the rates really going to get high enough to seriously consider consolidation? Should I do it while I’m still in school? What about refinancing… is it an option? I’ve reviewed some of the other questions on this topic, so please try to be specific to my particular situation. Thanks

Student loans are usually a pretty good deal. Wait until you graduate. After you have a job, if you still want to refi, you’ll find much better deals.

Best of success.