Government help consolidating student loans

6854933580_2c8b688306_z

With an average balance of ,400, student debt is a big part of the average college graduate's life.At Lend EDU, we help borrowers compare the top student loan companies in one place.

There are so many different programs, laws, eligibility requirements, applications and rules regarding Federal student loan forgiveness benefits, that virtually no one can figure it all out and deal with it on their own.The government offers plans that cut payments to 10% or 15% of “discretionary” income and offer forgiveness on the remaining balance after 20 or 25 years.If you have a large loan balance and a low income, income-driven repayment is probably your best option for the lowest monthly bill.We put together this guide to help you get information on all of the top student loan refinance lenders without having to jump around multiple websites.After you are done, you will know how to refinance student loans and how to consolidate student loans.If you can’t pay the full amount due on time or have to miss a student loan payment, your loan may be considered delinquent and you may be charged late fees.

You must have an account to comment. Please register or login here!