The conversation between human and AI assistant.
If you were asking a student loan borrower just five questions about their loans what would those be?
Are there any options to consolidate multiple student loans?
Yes, there are options to consolidate multiple federal student loans into one loan. This can simplify loan repayment and potentially lead to lower monthly payments. However, it's important to note that some loans may not be eligible for consolidation, such as private student loans. Additionally, consolidating loans may not always save you money in the long-run since you may end up paying more interest over time.