Defaulting on students loans is never an option, and all students should pursue any alternative that will help them avoid default.

Borrowers may also change repayment plans at least once a year.

Although student and parent borrowers are each eligible to consolidate their loans, they may not consolidate their loans together.

Your defaulted federal loan may be consolidated provided that it’s not a previous spousal consolidated loan and you are not subject to a judgment secured through litigation or an order of administrative wage garnishment on a federal student loan for which you’re requesting consolidation.

Federal consolidation loans allow borrowers to combine several federal student loans into one loan to streamline loan repayment.

It is nearly impossible to complete a college education without creating some level of student debt.

Loans, both Federal and private, make it possible for thousands of students every year to achieve their college goals.One way to resolve a defaulted loan is to combine your existing federal student loans into a new Direct Consolidation Loan from the US Department of Education (ED).Even if you have only one defaulted student loan, you may obtain a Direct Consolidation Loan to resolve the default.Defaulted loans may be consolidated in certain circumstances.For example, if the borrower rehabilitates the loan by making satisfactory repayment arrangements through his/her loan servicer, he/she may be eligible to consolidate the loans.Married borrowers may no longer consolidate their loans together.