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Consolidation loans allow students to consolidate loans in a single debt Federal Family Education Loan Program (FFELP) and the Federal Direct Student Loan Program (FDLP) are forms that would include a consolidation loan program that allows a student to consolidate their loans into one single debt. The result to this is usually a reduced monthly repayment with a longer term period for the loan. Increasing volumes of private student loans The volume of students opting for private student loans is increasing rapidly as compared to federal student loan volume. If the increase continues with the same rate than private education loan volume may surpass federal loans within a decade. So keeping this in mind it is necessary that a student has a right tool that they can use to compare different private loans.

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Consolidation loans allow students to consolidate loans in a single debt
Federal Family Education Loan Program (FFELP) and the Federal Direct Student Loan Program (FDLP) are forms that would include a consolidation loan program that allows a student to consolidate their loans into one single debt. The result to this is usually a reduced monthly repayment with a longer term period for the loan.
Increasing volumes of private student loans
The volume of students opting for private student loans is increasing rapidly as compared to federal student loan volume. If the increase continues with the same rate than private education loan volume may surpass federal loans within a decade. So keeping this in mind it is necessary that a student has a right tool that they can use to compare different private loans.

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