Consolidating private student loans in default
Federal student loans are well-regulated and have structured programs to help borrowers.It’s easy to find all of your federal student loan information (via and the interest rates and terms have historically been reasonable.
This is particularly important for those who struggle to find work.
Borrowers who are having difficulty with private student loans, from lenders like Sallie Mae, have fewer options.
Consolidating private student loans in default comments