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Student Loan Consolidation FAQ

By Justin Pritchard, About.com

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How is Student Loan Consolidation Different?

There are a lot of debt consolidation programs out there. Student loan consolidation programs are unique because they offer certain benefits that only come with student loans. A few of the biggies are:
  • You don’t have to qualify based on your credit score
  • There is no maximum amount available
  • You can potentially postpone repayment
  • Debts are discharged at the death of all borrowers
  • Interest paid on student loans may be tax deductible
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