The student loans consolidation can offer help for these problems. The expensive student loans prevent a graduate to invest into other necessary targets, so it is wise to find a solution to the loans. The student loans consolidation is not a simple thing, but must be modified to the needs of the borrower.The student loans consolidation simply means, that a graduate will take one new loan and pays with it away the many old loans. The loans will be consolidated in this way. But this action makes it possible to handle a couple of other important questions at the same time.1. The Target: Smaller Monthly Payments.The graduates have lots of objects for the money, they can earn or loan. But they can also get more disposable cash by saving and by being smarter. The consolidation belongs to the latter group, because usually it will reduce the monthly payments significantly.2. Easier Management And Lower, Fixed Interest Rate.By consolidating a graduate can get only one loan to manage. It will help, saves the nerves and makes the financial planning easier. When a students credit score has improved, the interest rate will decrease and it will be fixed. This means zero surprises in the future.3. The Process Does Not Include Any Credit Card Check Or Processing Fees.When a graduate will consolidate, there is no credit card check during the application process. Usually the payment plan and the terms can be modified according to the financial situation of the applicant.4. Remember To Consolidate Only Your Own Loans.Usually students borrow by themselves but their parents often take a student loan for their child. Each group can only consolidate their own loans. A graduate cannot consolidate his parents loans or his wifes loan.5. Lower The Fees By Using The Online Payments.A borrower can handle the payments as he will, but a wise option is to pay via an online system. Many lenders will cut the rates by 0,25 % if a borrower uses the online payment. It is also safe to use the direct debit from your account, so that you will not forget the payment.The government loans have a term, that the students who are at their grace period or are still studying can apply for the consolidation. The grace period takes six months after the graduation. But shall you pick the government or private loan consolidation? I would prefer the government loan because it has so many extra benefits to the borrower.