Re: Consolidating student loans
You can only consolidate once, so timing is important. My suggestion is to WAIT. If inflation stays away, I don't see rates going up (fed usually raises rates to combat inflation).
At same time if economy collapses, rates will be lowered (in this case, consolidate).
If you are Junior, I'd say it's 33%-33%-33% right now. 33% chance rates go up, 33% chance they stay the same, 33% chance they go down. 66% of this favorable to you to WAIT.
Are you paying interest on the loans now?
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