Slash Student Loan Debt With These Secret Hacks
Refinancing Your Student Loans
Refinancing your student loans can be a powerful way to reduce your interest rate and overall debt burden. By consolidating your loans with a private lender, you may secure a lower interest rate, which can save you thousands over the life of your loan. However, it's important to note that refinancing federal loans with a private lender means losing access to federal benefits such as IDR plans and PSLF4. Follow the options and compare different lenders to find the best rates and terms for your situation.