Consolidating private student loans through government
This process will also combine all the loans you refinance into one convenient payment.
While a lower interest rate is good news, your new loan may not come with all the borrower benefits associated with government loans.
For example, borrowers with federal student loans can take advantage of federal income-driven repayment programs, or benefits like loan forgiveness, which borrowers with private student loans typically don’t have access to.
Today, the answer to that question is probably yes!
Each of them may have different terms, including interest rates.