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Why should I consolidate my student loans?

By Karen Schweitzer, About.com

Question: Why should I consolidate my student loans?

Answer: By consolidating student loans, you can bundle all of your loans together into a single loan, which means that you will have only one lender and one payment to deal with. Student loan consolidation also gives you a chance to lock in at a low interest rate, which can save you a great deal of money over time.

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