Is there a company that will consolidate personal loans with student loans?

I have about $140K in student loans and am trying to find a legit/low interest company to consolidate. Help?

• I have about $140K in student loans and am trying to find a company (in this poor economy) that will consolidate them for me. Nelnet and Sallie Mae are no longer offering consolidation. Any helpful tips that you can provide will be GREATLY appreciated.

• Answer:

  Japayne: I've answered this question several times in the last few weeks, so I've had the opportunity to do a little quick research to determine which of the major lenders are still accepting consolidation applications for student loans. To be honest, I've only found four - no promises that this is a complete list, but I checked pretty much all of the companies that were making them a few years ago - this is all that's left. The four are these: Chase Collegiate Risk Management EduCare Financial Student Loan Financial Group I can warn you that all four of these lenders will subject your consolidation application to a rigorous and conservative analysis of your eventual ability to repay. Keep in mind that private loans and government loans (Stafford, Perkins, PLUS) can not be consolidated in the same loan package. Those two classes of loans must be consolidated separately. If any of your loans ARE government loans, your first and best option is to apply to consolidate those loans through the Department of Education's own loan consolidation loan program. You can find information about that program here: http://www.loanconsolidation.ed.gov/ I'm not going to lecture you about how you could possibly borrow $140,000 in student loans - but I sure hope that you put it towards a highly-paid graduate degree in a professional field. A 30-year consolidation loan (ouch) at a very competitive rate of 8.5% would require a minimum monthly payment of $922.70. That's over $11,000 a year. By the time you had made the 360th and final payment on that loan, you will have paid back $332,000 - representing the $140,000 principal and nearly $200,000 more in interest payments alone. Best of luck to you - I really hope this works out for you.