Teaching English in Korea - ESL blog

2/3 of US students graduate with debt from student loans

I thought this number, 2/3 of graduates have student loan debt, was pretty shocking. The average is about $19,000 in debt.

The article I linked to recommends consolidating federally backed loans as soon as possible and long before July 1.

For consolidating other loans, they give several useful web sites and remind people that they can consolidate with any lender. They recommend looking beyond a school's list or preferred lenders to all the controversy (lenders paying schools to get on the preferred list).

If you need help paying off student loans, whether it is through a dedicated student loans service or some sort of other debt consolidation for non-homeowners, make sure that you use the Internet as a resource before deciding how to consolidate student loans debts uninformed.