Education being the best gift one can posses is at times so expensive that in order to have one, there is always need to invest not only physical presence, but also cold, hard cash that is not that easy to come by, in order to tap some of it. This is one of the reasons that has over the years seen many financial institutions create ways in which one is able to obtain a reputable education, without necessarily digging holes into their pockets. These institutions provide students with the much needed loans to see them through school, a band wagon on which many students have boarded to meet their education needs.As sweet as it sounds, many students have managed to borrow themselves to a hilt, with many defaulting when it comes to repaying the student loans, which is bad for them, especially so if they would want to have their credit extended or renewed. This transforms into a very heavy baggage to carry as almost all student loan debts and arrears can never be discharged by crying bankruptcy, as most end up ruining their credit.The good news is that students can now have their loan debts consolidated. This can be achieved by merging all their debts into a single loan, a process that is called consolidation. More so, this is regardless of if the debt of the student is private, federal, and better yet, a combination of the two. It is up to a student to visit various sites on line in order to compare student loan consolidation so as to determine the one that serves their needs in the best possible manner.There is no need to worry on how to go about it, as lenders on line are usually on standby to help the students as they navigate their way through the various processes involved in consolidating private or federal student loans, or both. The lenders help by guiding the students through locking the rates and combining their debts to one lower and more manageable payment that is to be done at the end of every month.It can not be emphasized enough for students in need of this service to compare student loan consolidation of different lenders in order to find one that will most likely help them out in spreading their debt payments through stretched spans of time. This is because in this way, they will be able to not only perform better and scale the heights of success at their careers, but also make much needed adjustments to their incomes and earnings in a positive manner.At the same time, using the best student debt consolidation firm will ensure that as the consolidation goes on, quite a lot of money will be saved in the bargain. A point that is worth noting is that the amount of credit a student has presently is of no substance, and should never be a hindrance when it comes to getting it consolidated and slashing the rates at which they are to pay back ever other month.