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Refinancing Student Loans: Is It Worth It?

By Rachel Kleiman A letter from a student loan refinancing company is placed on your desk. Have you wondered if refinancing is worth it or just a scam? Refinancing means taking on new debt with new terms in order to pay off older debt.  By refinancing, you can reduce monthly payments, secure a lower interest rate, and renegotiate the term of your loan.  Additionally, refinanced student debt is still student debt, meaning you will still receive a 1098-E for tax purposes.  Refinancing...

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