The Ultimate Guide to Student Loan Refinancing and Consolidation

The article may contain affiliate links from one or more partners. Learn how we make money to continue our financial wellness mission.

According to The Federal Reserve, approximately 44 million Americans hold a total of $1.45 trillion in student loan debt in 2017. That means the average student loan borrower owes around $32,000. That is a staggering number for any person who is starting out in life. Student debt is a huge burden that can last for decades and impede one’s ability to achieve life goals.

If you have student loan debt, you some options available to you that can help you pay off these loans sooner than later. In this ultimate guide to student loans, we’ll cover everything you need to know about refinancing, consolidation, payoff, and forgiveness.