Most Viewed

Feb 2, 2007

Most of graduates leave school with $19,000 in debt - but there is a way out.

Shortly after graduation, many college students feel like they've been hit like a ton of bricks. Moving out into the real world and trying to secure a new career are hard enough without having to deal with a stack of student loan bills.

According to the National Center for Education Statistics, the average college graduate leaves school with $19,000 in debt, a figure that can be overwhelming, particularly for someone just starting out; but it becomes more manageable when you consolidate.

College loan consolidation will not only provide you with more money at the end of each month, but help you secure long term savings as well. If interest rates are low when you consolidate your student loan, you will enjoy putting that extra interest you are currently paying back into your pocket for the life of your loan, or using it to pay off your loan faster.