College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

America's Top Student Loan Provider

For those individuals who are thinking about attending college or graduate school, there are many things to consider. From which school to attend to deadlines, one must devote lot of time and energy to this endeavor. The price tag of course weighs heavily on one's decision to attend this or that school and even whether to attend at all. With the average cost of tuition, fees, room and board being $29,026 at four-year private colleges and universities, and $12,127 at four-year public colleges and universities,1 the cost of attendance is sure to cause a moment of pause and even dissuade one from attending. Graduate or professional school can cost even more. However, the cost of attendance is not the only thing to consider. Rather than focusing on the present or even immediate future, that is, paying the costs of college or graduate school tuition, one should bear in mind the benefits of investing so much into higher education.

Many individuals are aware of the fact that higher education greatly increases career and financial opportunities. A college or graduate degree vastly improves one's chances of achieving goals than a high school diploma. In fact, merely having a high school diploma significantly limits one's prospects. A college or graduate degree will open doors and provide you with the tools necessary to make your dreams of upward mobility a reality.

Aside from the social leverage one can wield by holding a college diploma or advanced degree, the monetary potentials far outweigh the initial investment. The graph below demonstrates this point. Listed are the median annual incomes according to level of education. Another piece of insightful information is the percentage of individuals holding each type of degree who are unemployed.

Click for a larger image

As you can see, the benefits of a higher education are twofold. First, the higher the level of education an individual has, the higher the annual income she or he earns. Second, an individual lowers their risk of unemployment by obtaining a higher education degree. So think of it this way: Even if you end up with a high amount of debt after you graduate, you'll earn that back in just a couple of years.

Remember, anything you invest in higher education now will give you a huge return in more ways than one.

1: Average cost in 2005-6. Source:

The Federal Student Loan Program Helps Student Succeeds

How EdFed Helped others!
EdFed helped me out a lot! My student loan balance was not as high as most of my friends, so I didn't even know if consolidating would be worth my time. The loan counselors at EdFed really explained the benefits of consolidating and took the time to do a comparison of my total loan costs with and without consolidating. Even though my loan balance was not large, my monthly payments were reduced by almost 50% through my EdFed loan consolidation! This provided a lot of relief. Now, I know I can make my student loan payments, and I still have plenty of money to do the things I want to. Thank you, EdFed, for walking me through this process.
- Rochelle G.  Chicago, IL
* Your Name: * Your E-mail Address:

We respect your privacy.
* Your Friend's name: * Your Friend's E-mail address:
Include a Message:
+ Privacy Policy
(800) 821-5659

Student Loan Consolidation Info - How to Choose the Right Loan Company

This column is sponsored by Granted, America's top job search engine. The Career Resources column is presented by Granted, America's leading job search engine dedicated to getting people jobs.

Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

read more
Schools Will No Longer Receive Paper FAFSA Forms
(September 20, 2007)

news desk
Stafford Loan Payment Calculator
PLUS Loan Payment Calculator
Loan Consolidation Payment Calculator
Glossary of Terms
Loan Comparison Chart
Scholarship Search
Our clients are often surprised by the fact that they may request to speak to their specific loan specialist instead of being stuck with whoever answers the phone. They may also email their loan specialist directly and will always receive prompt and courteous information from our specialists.
US School Directory
Comprehensive List of Schools at which EdFed Assists Students.
EdFed is a FFELP lender with lender identification number 834241.
© Copyright 2020 EdFed. All Rights Reserved.

Home · About Us · Contact Us · News · Sitemap
Career Advice · Tell a Friend · Privacy Policy · Resume Service
Resume Distribution Service · Post Resume · Job Search Course
Sign up for the latest news on student loans.
Email Address:
+ Most Recent Newsletter
+ Newsletter Archives