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|
|3.64% - 7.20%||Undergrad & Graduate||Visit DRB|
|2.22% - 7.74%||Undergrad & Graduate||Visit SoFi|
|2.22% - 7.45%||Undergrad & Graduate||Visit Earnest|
|2.13% - 7.99%||Undergrad & Graduate||Visit Citizens|
|2.22% - 7.74%||Undergrad & Graduate||Visit CommonBond|
|2.625% - 8.50%||Undergrad & Graduate||Visit CollegeAve|
|Check out the testimonials and our in-depth reviews!|
Student Loan Hero Advertiser Disclosure
The offers or advertisements that appear on Student Loan Hero’s website or blog are from third party advertisers that Student Loan Hero regularly works with, such as lenders, banks, mortgage brokers, and other financial services companies. Student Loan Hero receives compensation from these advertisers in exchange for posting their offers, links, and other marketing related content. The compensation Student Loan Hero receives from its advertisers effects how Student Loan Hero displays and ranks its advertisers on its website and blog. While Student Loan Hero’s goal is to work with a diverse assortment of quality businesses in order to help you make informed financial decisions, you are also encouraged to reach out to financial services companies not listed on our website or blog, as the advertisements we display do not and cannot represent all companies or products.