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Consolidating Your Student LoansYou Can Lighten Your Debt Load After Graduation

Consolidating Your Student Loans

Posted: February 8, 2013 by Rachel Shepard

Student loans are considered the next “bubble” the American economy will have to grapple with. As tuition costs continue to climb, the amount of debt that graduating postsecondary students carry is also booming. Recent graduates are emerging with an average loan debt of $27,000. With a difficult job market and heavy average debt load, it makes sense for graduates to consider student loan consolidation as an option. Consolidating student loans is not as simple as it seems, however, as there are rules governing the behavior of these loans.

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