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W505a -- first of all, I want to thank you for taking the time to explain that and many other things so clearly. I have been silently benefitting from your expertise for a while; please know that for every person who posts to thank you, there are probably dozens (if not hundreds) more quietly taking notes!

Of course I'd like to get in on a low fixed rate -- I was waiting because I had some vague memory that consolidation takes into account the average rate you have at the time, so I thought thing the thing to do might be to get the deduction and THEN consolidate.

FWIW, people on the graduated repayment plan are eligible for Great Rewards, and depending on balance can take 13-15 years rather than the standard 10. Thought you'd appreciate adding that to your store of loan trivia. :)

I think I'll probably end up consolidating for the assurance of a low rate and the simplicity of having all my loans in one place.
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