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School can be expensive. It is an investment in your future, that's what my parents always said. When we sat around the kitchen table and filled out the first of many loan applications, I did not realize that my career goals would cost me about $40,000. Of course, this is before the interest on my student loans. I started school and didn't think anything of it. But then the next semester came around, and it was time to fill out more loan paperwork.
Another loan and then another and finally I graduated. Now here I am in the workforce and it is time to start paying back my student loans. I doubt whether even I have a clue as to how difficult juggling different payments and different interest rates would be. I talked to my parents and they suggested that I consolidate student loans. They explained that I could reduce my payments as well as the varying interest rates by lumping all of the loans into one.
Once again parents do know best. We went on line and filled out a quick application. There were a couple of forms that I needed to fax to the lender and then I was done. I now have one loan, one payment and an interest rate that I can live with. The process was so easy. The lender even had live representatives to answer any questions that we had. They explained in detail how to consolidate student loans. This was very beneficial to both me and my parents. It was fast and easy and saved me a ton of money.
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