Wow, for once I agree with Rudey
I just consolidated mine this week. Mine is a 10 year payback period, and the amount makes me shudder. But I need to buy a car and a house within the next few years, so I'm saving up some money on the side for those. Like Rudey said, those interest rates are sky-high, while your loan rate is most likely very low in comparison. I'm working hard to save $ now to pay off some of the principle, and hopefully I'll be able to pay more than the minimum each month. But I'll be more worried about paying off my car/house quicker than my loans because of interest.