There’s been a lot of talk out there about the mounds of student loan debt recently graduates are dealing with. If you are sitting with high variable interest rate private student loans or high fixed rate private student loans, you should do yourself a favor and at least look into what your options are- A private student loan consolidation may be able to lower your fee, provide one monthly payment, give you temporary relief with an interest only option, etc…If you can avoid it, do not extend the payment years, you will end up owing more over the life of the loan.