Sallie Mae

How to Lower Your Sallie Mae Student Loan Interest Rate

A reader of wanted to know how they could lower the rate on a student loan being paid to Sallie Mae. Here’s the question the person asked: Q: Being fresh out of graduate school and still learning about the financial world, I consolidated my federal subsidized and unsubsidized loans through Sallie Mae at a …

How to Lower Your Sallie Mae Student Loan Interest Rate Read More »

stafford loans

Should You Transfer Your Sallie Mae Student Loans?

When you say “Direct Loan,” I believe you are referring to the U.S. Department of Education’s Direct Loan Program (, where you can transfer and consolidate your federal education loans into a single, new loan which offers lower monthly payments. Whether or not it makes economic sense to transfer the loans depends on a host of factors, including: how manageable (or unmanageable) your monthly payments are; how many payments are left on your existing loan; the amount of time and interest you are willing to pay over time; and the interest rates on your current loans.

Scroll to Top

Stay Informed with Our Exclusive Newsletter!

Subscribe to our newsletter and never miss out on the latest updates, exclusive offers, and insightful articles.

We respect your privacy!