January 30th, 2015 
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Suze Orman discusses student debt at the Remaking America Panel – http://consolidatemystudentloan.org This mandated reduction in the interest rate charged by…
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This video is utterly important to understand the dangers of Federal
Student Loans if they are not consolidated to pay off the original lenders
whom which are backed by the Government. If not otherwise consolidated then
they have every opportunity to inflate the amount of debt one has incurred
through Federal Student Loans and the interest rates do not stop even when
deferred. Unless consolidated there will not be any Federal benefits such
as Forgiveness and capped interest rates. If defaulted then they will sky
rocket due to the fees collection companies charge. We are seeing 14k in
fees on a 64k defaulted student loan. Not to mention that they will also
garnish wages and seize bank accounts and any property or estate will
ultimately inherit the debt in form of a lien that will be subordinated
prior to the sale of said property. Consolidate your student loans now
before the programs are no longer available. Once consolidated there will
be so many additional benefits that are not associated with the original
lenders.
#studentloans #studentdebt #debthelp