Have you or your child just graduated college? If you took out student loans to get you through college then you spent the last four years getting a world class education without paying for it. Now that your grace period is close to ending you are going to have to start paying those college bills soon. Perhaps your original bills were too high or you did not get the desired interest rate you wanted. Consolidating your student loan might be the only way you can afford to pay for that degree that is coming in the mail.
