CONSOLIDATE STUDENT DEBT, EXPERTS SAY LOW INTEREST RATES CAN ADD UP TO BIG SAVINGS
Rocky Mountain News
July 8, 2002
Julie Poppen News Staff Writer
...Record low interest rates have Colorado college graduates who are knee-deep in debt angling to consolidate their loans.
There's never been a better time to do it, financial aid officials say. The historic low interest rates on Federal Stafford loans of 3.46 percent for a student in school and 4.06 percent for many graduates kicked in a week ago.
"A lot of students are fairly careless about how they calculate what they're going to be paying back in the future," said Ryan McMaken, president of the Colorado Student Association...