Consolidating graduate plus loans
Graduate students in particular incur a large amount of student loan debt before finishing their studies and entering the professional marketplace.
However, there is a way to mitigate some of that student loan burden.
When taking out a consolidation loan, you engage a new lender who agrees to pay off all of your outstanding student debt.
The lender will then write out a new loan for you, covering all of the previous debt, leaving you with a single loan to manage.
Graduate student loan consolidation helps students manage their debt by combining all outstanding education loans in to a single, more manageable loan package.