Compromises on debt terms and budget constraints are likely in our view. (blackrockblog.com)
Refinancing your old loans means that you'll get lower payments, but with the trade - off of taking on a new debt term from five to 20 years, and potentially paying more in interest expense over the longer duration. (valuepenguin.com)
There are also private student loans for refinancing, which are for graduates who want to change their student loan debt terms by getting a new loan (similar to refinancing a mortgage on a house). (thecollegeinvestor.com)