Danielle asked:


I have recently heard that private student loans cannot be consolidated, only federal student loans. Is this true? I just graduated from college and I mainly have federal student loans, but I also have one private student loan. I have always assumed that student loan consolidation meant consolidating all of your student loans. Can anyone help me out on this or does anyone know if some places consolidate both?

luciddream928 asked:


I need to find someone to talk to about student loan consolidation, for both federal and private loans. What would be a good resource? I inquired at my bank but they don’t handle this.
I should add that I’m trying to get away from Sallie Mae, I heard a report on NPR about how much money they make from interest rates and I don’t want a financial relationship with them anymore.

rebecca asked:


My student loans are through Sallie Mae and they charge 100 dollars to get a forbearance on the loans so I need to consolidate with a different company.