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The student loan refinancing decision that haunts borrowers

THE STREET·3h ago·3 min read
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A lower monthly payment sounds like an obvious win when you are staring down tens of thousands of dollars in student debt. The pitch from private lenders is direct: swap your old loans for one with a lower interest rate and a single monthly bill. Roughly 20% of all private student loan debt in the …

A lower monthly payment sounds like an obvious win when you are staring down tens of thousands of dollars in student debt. The pitch from private lenders is direct: swap your old loans for one with a lower interest rate and a single monthly bill. Roughly 20% of all private student loan debt in the…

A lower monthly payment sounds like an obvious win when you are staring down tens of thousands of dollars in student debt. The pitch from private lenders is direct: swap your old loans for one with a lower interest rate and a single monthly bill. Roughly 20% of all private student loan debt in the …

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