So, let me tell you. Being a student is a lot of fun, parties, girls, interesting classes and did I mention girls? The one thing that can really get you down is paying tuition because getting good grades is so important I don’t want to be weighed down with working too much. Getting and carrying a student loan can be a stressful experience. Consolidation of credit cards and other debts has become a popular way of managing a high debt load and it really works well as it applies to student loan consolidation. Some of the main advantages are, low fixed interest rates, no prepayment fees, no credit checks, deferment benefits and more. Even if you are a student make sure to borrow smart.