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Student Loan Refinancing

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It seems as though everyone—homeownerscorporations, and even state and local governments—is taking advantage of the current historically low interest rates by refinancing their debt.

It’s a win for individuals and for the nation as a whole, easing the burden of loan repayment and freeing up income for purchases that stimulate the economy. But one group is getting left behind in the refinancing trend: students who take out loans to pay for their higher education. And with over $1.2 trillion dollars in current student debt, something needs to change.

What is Refinancing?

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Refinancing allows a borrower to replace their existing debt with a new loan that has better terms. Use our calculator below to see how much money you could save by refinancing your student loans!

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Use the tools below to learn more about how refinancing existing student loans would help the economy, share facts with your friends on social media, or tell us why student debt is an important issue for you!
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