What should I do with my mother’s Direct Parent Plus Loan?
She wants me to begin paying it back but I noticed the thing is actually 3 seperate loans and all have 8.02% interest. My school loans only have 2.6%. I tried the consolidation calculators on the website and it did not improve the interest rate only lowered the payment. Any ideas on how to get a significantly lower interest rate?
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Dr. Deth said,
March 7, 2010 @ 3:44 pm
they are different kinds of loans. that rates are what they are. just pay them