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I'm not W505a but I agree with what he is saying. I'll try to explain it a little differently so that those that don't understand his reasoning might because he is making a very good point.

If you have not consolidated your loan yet and still get your interest rate adjusted once a year (like with stafford loans) it is best that you wait to consolidate. This is due to the fact that current interest rates are well below what they were last year at the adjustment period and are unlikely to go back up to match that rate. What this means is that you can wait for the yearly adjustment to come through and then consolidate and lock-in this lower interest rate using the weighted average. Don't consolidate into a variable interest rate plan since this is most likely the lowest they will be while we are repaying the loans. Hope this helps.

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