So many Americans have felt the financial pressure that has been caused by the recent economic meltdown. The most common way we are all feeling this pressure is with an increasing amount of high interest debt. Credit cards, student loans, medical bills, and payday loans are all high interest debts that just won’t go away. Luckily the Federal Government is stepping in to help with free debt consolidation loan programs. These stimulus programs can eliminate all your high interest bills, replacing them with a consolidation loan, which will have only one low interest rate payment per month.There are several different options to consider when researching which debt consolidation program is right for you. These include not only debt consolidation from the US government, but also many privately run debt relief programs. Whichever service you choose, you will benefit from reduced interest rates, lower monthly payments, and in some cases an actual reduction in your total amount of debt owed! The funding to these government debt relief programs is set to increase in 2011, so be sure to apply sooner than later to avoid any chance of missing out.Applying for a free debt consolidation quote is the best way to get started and see how much you can potentially save every month with a variety of different government and private programs. One of the most popular choices is the Direct Loan Consolidation program, also called the DOE, which offers a dramatic reduction in your interest rates and monthly payments by consolidating your high interest debts into one manageable loan. This program was created along with the American Recovery and Reinvestment Act of 2009, and is expected to continue to be one of the most sought after programs in 2011.