Student loan consolidation?

I just exited my grace period and received my first student loan bills. I have a lot of student loan debt (all federal loans), and my goal is to pay them back as quickly as possible - hopefully within 10 years or so. Is student loan consolidation right for me? I'd like a lower interest rate, but I don't necessarily want to lower my monthly payments if that means I'll be paying my loans back 2 or 3 times over due to interest over 25 years. Thanks!

Student loan consolidation?
Maybe you can try below website to get the information you need. It's about student loan consolidation articles for your second opinion.
Reply:Your best bet is to consolidate your loans. Even know it extends your term you have the option to pay more every month and if you need that extra cash it their. Check out www.Federal-direct.com or call 866-811-7361 Report It

Reply:Searching for solution to your student loan? you can get important information regarding your issues at http://www.abcofstudentloan.com or http://www.ABCofEducationloan.com.





In case you still need some other help, just fill a short form and an executive will call you to help you personally. And all this absolutely free.





NO CATCH
Reply:If you want a lower interest rate then yes, consolidate. Basically what you'll be doing is obtaining one large loan with one bank in exchange for paying off all of the small loans with different banks. By doing all of your loans with one bank you'll receive an overall lower interest rate.





Generally you can always pay more than the minimum monthly payment, and that is always a good idea.





Check out finfo.com. You can go there and get up to four competing offers for student loan consolidations. Kind of like a lendingtree for student loan consolidations. No obligations so you can check it out and always decide not to consolidate, at no cost to you. The company was started by recent college grads too.





Good luck!
Reply:Consolidation should be used as a debt manager not for a way to necessarily lower your interest rate since the rate on a consolidation loan is the weighted average of all your loans and rounded up I think to 1/8 of a point. I could techincally consolidate to lower your payment and lock your rate if your loans are variable and pay extra to avoid going over the 10 year month and months that you may struggle just pay the min and then go back another month and pay more to keep on track. Remember dont consolidate any perkins loan since those have a fixed rate already of 5 %