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Old 02-23-2006, 12:58 PM
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Default Re: College Loan Consolidation

Hubby and I both deferred our loans while we pursued our doctorates. Unless that rule has changed too, I would definitely defer.

Again, ancient experience, but once the loan comes due, the original lender often sells it off to another institution, like Wachovia. If you haven't yet received your payment info, you might need to wait for it to settle before you try to consolidate.

Anyone know if consolidating student loans takes them out of the protection of student loan status?
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