I would definitely roll the old loan with the high interest rate into a new one with a lower interest rate if you go back to school. If you don't go back to school, is it possible to refinance it anyway? It seems like an excessive interest rate for an educational loan.The old loan is a consolidation loan; it once was three separate loans. The interest rate is the weighted average of the three individual loans. I don't know how to refinance an educational loan. I've looked around the Web for that kind of information but have never found anything useful. Believe it or not, those were the going rates when I went to school in the late '90s. It seems excessive by today's standards, I agree.For your MDT stock, I would diversify it.. it is a huge amount of your savings at the moment. However, considering that you will have to pay capital gains on a lot of it... it makes it more complex.Yep, it's the major chunk of my savings, but I am beginning to sock some savings away each paycheck. Thanks for weighing in on the stock diversification issue.
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