Amazing.. I think all parents of college students should be aware of this?
Beware, if you take out student loans you will no longer be able to consolidate them thanks to Congress!
Thank you for your interest in Sallie Mae, the nation’s leading provider of saving- and paying-for-college programs. Severe legislative cuts made by Congress made federal student loan consolidation uneconomical. This, combined with the credit market deterioration, has caused us to suspend participation in the federal consolidation loan program.
Unbelievable!! One more reason to be ticked off at Congress.
Gotta love those Democrats, huh?
