Established Contributor
Posts: 872
Registered: ‎10-16-2010
Re: Obama's Special Direct Consolidation Program

In some instances, waiting 24 months with Sallie Mae would be a better deal. Now I'm in grad school and my loans are deferred. So now I'm ineligible for the SM 24 month lowered interest rate. For me, consolidation just doesn't make a whole lot of sense right now because my interest rate (i.e. payments) would not drop very much. Obama could have worked on that part a bit more. Just my two cents.

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