After we launched our recent study regarding how much we can save our average user, BostInno wrote a great piece on us. I just hope students in the Boston area will catch a glimpse, considering Boston truly is a college town with some of the highest private education sticker prices in the country!
To sum up our study, we can help our average user save close to $5,000 and get out of debt 2.5 years faster through a combination of student loan consolidation and refinancing programs, as well as educating the borrowers on effective debt management strategies to accelerate the repayment.
For the record, the average Student Loan Hero user has $58,658 in student loan debt disbursed across 8 loans! Not to mention these loans are typically serviced by 2-3 different student loan servicers, both federal and private.
Interested in refinancing student loans?Here are the top 6 lenders of 2016!
|Lender||Rates (APR)||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!|
|3.64% - 7.20%||Undergrad & Graduate||Visit DRB|
|2.11% - 6.74%||Undergrad & Graduate||Visit SoFi|
|2.14% - 7.45%||Undergrad & Graduate||Visit Earnest|
|2.22% - 7.74%||Undergrad & Graduate||Visit CommonBond|
|1.97% - 7.26%||Undergrad & Graduate||Visit LendKey|
|2.14% - 7.99%||Undergrad & Graduate||Visit Citizens|
Student Loan Hero Advertiser Disclosure
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.