Us department of education consolidating student loans
Those loans have their own cancellation benefits that are based on your job.
If the loan/grant is not one of the program types listed above and is not assigned to the U. Department of Education, the information on this site does not apply to you.
If you borrowed before July of 2010, you may need to consolidate your loans in order to qualify for certain student loan repayment benefits, such as Public Service Loan Forgiveness and some income-driven repayment plans.
If you’re interested in the best student loan repayment benefits, you’ll want to have Direct Loans.
For example, if you were already on an income-driven repayment plan and consolidate your loans, then you will lose the any credit you had already earned toward forgiveness.
Lastly, understand that some of the loans that we called out for consolidation are those from another federal student loan program called the Federal Perkins Loan Program.