Meharry Loan Consolidation Primer

2.As 2006 begins, several potential developments in the economy and student loan universe are lurking for all students, graduates and parents. There has been thirteen interest rate increases by the Federal Reserve since June 2004 and it is expected that rates will continue to rise for the near future. The interest rate of the three-month Treasury bill, the index to which student loan interest rates are set each year, has been consistently increasing over the past 18 months. Experts expect student loan interest rates to continue to rise and reach 6.5% in repayment and possibly higher when reset July 1st 2006.

Should you need assistance, and even if you think you do not, please contact your financial aid office as well as an Meharry Loan Consolidation Program personal consolidation counselor. The complexity of student loan consolidation is such that you should never assume and always confirm and verify (in writing) any questions you have. It is always wise to work with experienced, knowledgeable and trustworthy consolidation specialist who place your financial well being as the first priority to assure that you are working with accurate and complete information.For more information and to discuss your options, contact an Meharry Loan Consolidation Program personal consolidation counselor at 1-800-741-4704. Be sure to reference Meharry when you call. You may also email info@MeharryLoanConsolidation.com