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Re:A Student Loan System Stacked Against the Borrower by dvanduzer on Sunday October 11, 2015 @07:40PM (#10371660)
Do you know of any specific implications around consolidation itself? Or is it just the simple fact that it's easier to resell one big thing versus four small things?
Re:A Student Loan System Stacked Against the Borrower by ChuckFrank on Monday October 12, 2015 @03:54PM (#10376633)
Easier to sell, borrower is, to the best of their knowledge, complete and not taking on any new loans.

Plus, as mentioned above, it sets the interest rate for all the loans. I'm not sure how often at a more or less favorable rate, and if that's part of the incentive, to consolidate lower interest loans into a large higher interest one. I could definitely see them pushing this at different times, which was also something that came up in the article, that available repayment options were withheld when they were favorable to the banks and servicers.