SHOULD YOU CONSOLIDATE YOUR STUDENT LOANS?

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Student loan consolidation is very often confused with student loan refinancing. I’m breaking down the difference between student loan consolidation and refinancing, how they impact you if you have only federal, only private, or both private and federal student loans, and why may or may not want to do them.

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Hey I am Tess Wicks, I’m a financial educator and coach and the founder of Wander Wealthy, a channel and community helping women in their 20s and 30s get inspired and get results for their personal growth, money and travel goals. On this channel I provide educational and lifestyle content around personal development, personal finances, and exploring the freedom of travel.

Disclaimer: The information in my videos and on my channel is general in nature and is not intended to be used as personalized financial advice. Prior to implementation, you should consider your personal circumstances and seeking one-on-one help from a professional.

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Comments

Nick J says:

Good info, could also have benefits for credit profile and credit score.

College Debt Slavery-on kindle says:

Student loans….sounds like a huge mess to me.

cowfinatic101 says:

Correction: YOU CAN CONSOLIDATE A PARENT PLUS LOAN!

Ashley Udoh says:

This is great Tess. This is the first video of yours that I've watched, but I will definitely be catching up on this series. I actually just posted a video about things you should know before getting a student loan. So much information out there!

noe lomeli says:

yes! finally someone cleared up this question for me! THANK YOU!

Michael Sylvester says:

Great video Tess!!

Pangari Investing says:

Video start at 1:30 .Your welcome

Michele Curtis says:

I've been trying to figure out how to do the public service loan forgiveness program, but it's super confusing. Can you go to a financial adviser or something like that to help guide you through the process? Thank You!

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