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You're paying 8.25% on your student loans?!!?

They must be private loans, then, not Stafford loans? Either that, or they're Stafford loans that were consolidated at the very highest interest rate.

If you choose not to pay them in full right away, do look for some way to lower the interest. Consolidate them if you can.



Anyone who consolidated/graduated/poked around with them better around 1999 to 2000ish (around the time I gradauated, watied my 6 month grace, then consolidated) would see that rate. My Stafford was 8.5, consolidated at 8.00, and by 2002 were 7.75 due to the autopayment credit.

I would have been better off not consolidatng b/c by the end of 2002 the rates would ahve been 4-5% (the DLS site was wonderful about keeping trsck of the variable rate on my 8 (semester) original loans.

My kids arw living with my and going to community college!@

4 years after graduation, finally got rid of my 17K in loans.

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