PLUS Points of Student Loan Consolidation
Thousands of students are now filled with anticipation — of the time when they will be walking down the aisle. The graduating Class of 2006 is anticipating a new beginning, a new phase of their lives, which will be characterized by hardships they didn’t anticipate when they began the pursuit of their degree.
If you belong to the group that calls itself the average American student, you probably owe around $30,000 in student loans. And guess what, unless you have a really good plan up your sleeve, you’re going to begin a long and painful repayment period as soon as your six-month grace period ends. Unless of course, you can pay back all the money right away — I know what you’re thinking, “this person’s definitely nuts!” Well, that just underlines what I said, get yourself a good plan before it’s too late. Despite all the noise about consolidation not being too good an option, I still think it’s the best you got. I know it’s a bit too late in the day to be talking about consolidation for this year’s graduates, but there are more students in the pipeline who are wondering what they need to do — and I’ve got only one word of advice for these guys — consolidate.
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