Monday, May 4, 2009

Student loans...advice needed....my husband has great lakes student loans...what are his options?

Hi...my husband has $80 000 of student loans with great lakes. He thinks he had federal student loans originally and he consolidated them with great lakes but he is totally useless when it comes to finances so i am trying to find out some information.





Are his loans still considered federal loans or as he consolidated are they now private?





Should he/can he reconsolidate his student loans with another company?





Are great lakes a good company?





Does he have any other options to lower his monthly payments?





Any advice would be welcomed. I have never had a student loan so I don't know the territory!

Student loans...advice needed....my husband has great lakes student loans...what are his options?
Student loans can only be consolidated once so his options are pretty limited. About the only thing he can do now is pay on them.... for the next 100 years.

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