5 points to consider before consolidating student loans

Six months after you graduate, those lenders are going to want their money, and that means you may have to manage some serious debt.

I’m up to my eyeballs in it and considering consolidation. It may sound like a scary word for you new borrowers out there, but, like it or not, loan consolidation may be necessary if you’re having a hard time keeping up with your student loan payments. But keep in mind, it’s not right for everybody.

Here are five points you must consider before choosing student loan consolidation.