Help consolidating student loans

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Check out Common Bond's student loan consolidation page for more details on refinancing and consolidation options.

If you choose the Federal Direct Consolidation Loan program, you'll end the headache of managing multiple bills each month.

(Note: You cannot consolidate federal and private student loans together through the federal government, either.) You can consolidate an existing Direct Consolidation Loan so long as you have a new eligible loan with which it can be consolidated.

Check out the official government site for all the details on eligibility.

(For example, if you consolidate Stafford Loans at the 6.8% rate issued from 2006 to 2013, the rounding will bring the rate up to 6.875%.) provides a great rundown on the personal considerations you'll need to make in this article.

If you look to private lenders to consolidate, you'll get the benefits of making just one monthly payment as well as greater choice in determining what type of loan is the best fit for you.

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You may also qualify for a low interest rate, which can net you significant savings over the life of your loan.

This Huffington Post piece can help you pick the best type of consolidation loan in just five steps.

He said he tackled his car loan first to pay down a higher interest rate during a six-month grace period following graduation on his student loans.

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In his first job out of college as a local reporter in Green Bay, Wisc., he lived frugally while working for an hour. Common Bond is also the first company to bring the 1-for-1 model to education and finance.

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