Quote:
Originally posted by PsychTau
Did they say how much your new loan has to be in order to consolidate? My husband is finishing up his master's degree (without student loans) but has a HUMONGOUS loan waiting for him to pay on after graduation (already consolidated...long story ). I've gone to a couple of websites and typed in his loan info and added a $2000 loan to "consolidate", but it doesn't reduce the payments any. (His old loan is at 8% locked in).
I don't want to consolidate him with my loans because that would mean if one of us dies the other would be responsible for the entire loan and as much as I love him, I would rather his loan die if he does .
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No they didn't, but I would think that if you call their consolidation department and ask they could help. I know what you mean about consolidating with your Husband. I won't do it either for that reason. Also, because if one gets unemployed for whatever reason the other still has to pay the full amount.