Student Loan Consolidation Rate Information
Posted on July 6th, 2009 by Student Loan News
by Sara Guppy Student loan consolidation rates are based on the weighted average of student loan interest rates and are rounded up to 1/8 of a percent and capped at 8. 25%. The United States offers student consolidation loads to students who have Stafford Loans, PLUS loans and Federal Perkins loans into one debt to have their monthly repayments reduced and to have the debt reduced quicker. These types of loans have a fixed interest rate. A lot of research should be done before a student con
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